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$130,742$130,742$444,600
Remaining term (yrs)16.816.830.0
Secondary amount$0$313,858$0
Funding fee$654$654$0
Note rate4.430%4.430%7.400%
Blended rate4.430%6.774%7.640%
1st payment$916.37$916.37$3,078.32
2nd payment$0.00$2,027.00$0.00
Taxes / mo$215.83$215.83$215.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.92
HOA / mo$27.33$27.33$27.33
Total monthly$1,326.20$3,353.20$3,577.07
Cash to close$363,258$49,400$49,400