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$133,563$133,563$360,000
Remaining term (yrs)20.620.630.0
Secondary amount$0$226,437$0
Funding fee$668$668$0
Note rate4.050%4.050%7.320%
Blended rate4.050%6.377%7.560%
1st payment$793.84$793.84$2,472.95
2nd payment$0.00$1,462.40$0.00
Taxes / mo$205.33$205.33$205.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$391.00$391.00$391.00
Total monthly$1,540.18$3,002.58$3,291.28
Cash to close$266,437$40,000$40,000