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$98,367$98,367$305,910
Remaining term (yrs)15.315.330.0
Secondary amount$0$207,543$0
Funding fee$492$492$0
Note rate4.000%4.000%7.400%
Blended rate4.000%6.544%7.640%
1st payment$713.26$713.26$2,118.06
2nd payment$0.00$1,340.38$0.00
Taxes / mo$174.25$174.25$174.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,037.51$2,377.89$2,503.49
Cash to close$241,533$33,990$33,990