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$79,542$79,542$373,500
Remaining term (yrs)20.120.130.0
Secondary amount$0$293,958$0
Funding fee$398$398$0
Note rate4.030%4.030%7.320%
Blended rate4.030%6.958%7.560%
1st payment$479.39$479.39$2,565.69
2nd payment$0.00$1,898.48$0.00
Taxes / mo$367.67$367.67$367.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$997.05$2,895.53$3,158.05
Cash to close$335,458$41,500$41,500