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$108,678$108,678$423,000
Remaining term (yrs)14.914.930.0
Secondary amount$0$314,322$0
Funding fee$543$543$0
Note rate4.510%4.510%7.400%
Blended rate4.510%6.918%7.640%
1st payment$831.94$831.94$2,928.77
2nd payment$0.00$2,029.99$0.00
Taxes / mo$141.50$141.50$141.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,140.11$3,170.10$3,321.53
Cash to close$361,322$47,000$47,000