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$140,069$140,069$364,500
Remaining term (yrs)17.617.630.0
Secondary amount$0$224,431$0
Funding fee$700$700$0
Note rate4.340%4.340%7.320%
Blended rate4.340%6.440%7.560%
1st payment$944.23$944.23$2,503.86
2nd payment$0.00$1,449.45$0.00
Taxes / mo$337.50$337.50$337.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,431.73$2,881.18$3,064.26
Cash to close$264,931$40,500$40,500