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$112,748$112,748$355,500
Remaining term (yrs)18.118.130.0
Secondary amount$0$242,752$0
Funding fee$564$564$0
Note rate4.120%4.120%7.400%
Blended rate4.120%6.599%7.640%
1st payment$733.26$733.26$2,461.41
2nd payment$0.00$1,567.77$0.00
Taxes / mo$180.33$180.33$180.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,063.59$2,631.36$2,862.84
Cash to close$282,252$39,500$39,500