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$102,652$102,652$395,910
Remaining term (yrs)14.014.030.0
Secondary amount$0$293,258$0
Funding fee$513$513$0
Note rate4.350%4.350%7.320%
Blended rate4.350%6.868%7.560%
1st payment$809.94$809.94$2,719.63
2nd payment$0.00$1,893.96$0.00
Taxes / mo$576.25$576.25$576.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,536.19$3,430.15$3,525.06
Cash to close$337,248$43,990$43,990