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$104,297$104,297$386,100
Remaining term (yrs)18.118.130.0
Secondary amount$0$281,803$0
Funding fee$521$521$0
Note rate4.040%4.040%7.400%
Blended rate4.040%6.748%7.640%
1st payment$673.95$673.95$2,673.28
2nd payment$0.00$1,819.98$0.00
Taxes / mo$48.45$48.45$48.45
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$0.00$0.00$0.00
Total monthly$872.40$2,692.38$2,948.95
Cash to close$324,703$42,900$42,900