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$63,928$63,928$323,910
Remaining term (yrs)17.817.830.0
Secondary amount$0$259,982$0
Funding fee$320$320$0
Note rate4.140%4.140%7.400%
Blended rate4.140%7.038%7.640%
1st payment$421.61$421.61$2,242.69
2nd payment$0.00$1,679.05$0.00
Taxes / mo$299.92$299.92$299.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$871.53$2,550.58$2,757.39
Cash to close$295,972$35,990$35,990