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$96,567$96,567$377,100
Remaining term (yrs)15.115.130.0
Secondary amount$0$280,533$0
Funding fee$483$483$0
Note rate4.150%4.150%7.400%
Blended rate4.150%6.828%7.640%
1st payment$713.05$713.05$2,610.96
2nd payment$0.00$1,811.78$0.00
Taxes / mo$225.42$225.42$225.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,088.46$2,900.24$3,061.80
Cash to close$322,433$41,900$41,900