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$93,222$93,222$365,310
Remaining term (yrs)19.319.330.0
Secondary amount$0$272,088$0
Funding fee$466$466$0
Note rate4.010%4.010%7.400%
Blended rate4.010%6.796%7.640%
1st payment$576.50$576.50$2,529.33
2nd payment$0.00$1,757.23$0.00
Taxes / mo$78.33$78.33$78.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.06
HOA / mo$0.00$0.00$0.00
Total monthly$804.83$2,562.07$2,830.73
Cash to close$312,678$40,590$40,590