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$85,122$85,122$436,500
Remaining term (yrs)17.917.930.0
Secondary amount$0$351,378$0
Funding fee$426$426$0
Note rate4.120%4.120%7.400%
Blended rate4.120%7.042%7.640%
1st payment$557.01$557.01$3,022.24
2nd payment$0.00$2,269.32$0.00
Taxes / mo$181.33$181.33$181.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$33.67$33.67$33.67
Total monthly$938.68$3,208.00$3,491.21
Cash to close$399,878$48,500$48,500