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$114,668$114,668$328,500
Remaining term (yrs)17.417.430.0
Secondary amount$0$213,832$0
Funding fee$573$573$0
Note rate4.440%4.440%7.400%
Blended rate4.440%6.595%7.640%
1st payment$786.33$786.33$2,274.47
2nd payment$0.00$1,381.00$0.00
Taxes / mo$129.67$129.67$129.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,066.00$2,447.00$2,619.83
Cash to close$250,332$36,500$36,500