Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$73,703$73,703$328,410
Remaining term (yrs)14.414.430.0
Secondary amount$0$254,707$0
Funding fee$369$369$0
Note rate4.950%4.950%7.400%
Blended rate4.950%7.122%7.640%
1st payment$592.13$592.13$2,273.84
2nd payment$0.00$1,644.99$0.00
Taxes / mo$199.58$199.58$199.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.68
HOA / mo$0.00$0.00$0.00
Total monthly$941.72$2,586.70$2,689.11
Cash to close$291,197$36,490$36,490