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$56,264$56,264$378,000
Remaining term (yrs)17.717.730.0
Secondary amount$0$321,736$0
Funding fee$281$281$0
Note rate4.190%4.190%7.320%
Blended rate4.190%7.220%7.560%
1st payment$373.70$373.70$2,596.60
2nd payment$0.00$2,077.88$0.00
Taxes / mo$142.25$142.25$142.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$665.95$2,743.83$2,964.45
Cash to close$363,736$42,000$42,000