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$81,186$81,186$337,500
Remaining term (yrs)17.417.430.0
Secondary amount$0$256,314$0
Funding fee$406$406$0
Note rate4.460%4.460%7.320%
Blended rate4.460%6.959%7.560%
1st payment$557.58$557.58$2,318.39
2nd payment$0.00$1,655.36$0.00
Taxes / mo$421.33$421.33$421.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,128.92$2,784.28$2,957.22
Cash to close$293,814$37,500$37,500