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$126,965$126,965$409,500
Remaining term (yrs)18.918.930.0
Secondary amount$0$282,535$0
Funding fee$635$635$0
Note rate4.050%4.050%7.400%
Blended rate4.050%6.603%7.640%
1st payment$799.22$799.22$2,835.30
2nd payment$0.00$1,824.70$0.00
Taxes / mo$144.92$144.92$144.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$81.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,110.81$2,935.51$3,228.78
Cash to close$328,035$45,500$45,500