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$131,668$131,668$359,999
Remaining term (yrs)20.420.430.0
Secondary amount$0$228,332$0
Funding fee$658$658$0
Note rate4.160%4.160%7.320%
Blended rate4.160%6.437%7.560%
1st payment$794.34$794.34$2,472.94
2nd payment$0.00$1,474.64$0.00
Taxes / mo$119.75$119.75$119.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,064.09$2,538.73$2,814.69
Cash to close$268,331$40,000$40,000