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$114,223$114,223$367,200
Remaining term (yrs)20.520.530.0
Secondary amount$0$252,977$0
Funding fee$571$571$0
Note rate4.080%4.080%7.320%
Blended rate4.080%6.608%7.560%
1st payment$682.47$682.47$2,522.41
2nd payment$0.00$1,633.81$0.00
Taxes / mo$160.17$160.17$160.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.44
HOA / mo$0.00$0.00$0.00
Total monthly$992.63$2,626.44$2,906.02
Cash to close$293,777$40,800$40,800