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$117,984$117,984$532,800
Remaining term (yrs)17.517.530.0
Secondary amount$0$414,816$0
Funding fee$590$590$0
Note rate4.410%4.410%7.320%
Blended rate4.410%7.010%7.560%
1st payment$802.16$802.16$3,659.97
2nd payment$0.00$2,679.02$0.00
Taxes / mo$493.33$493.33$493.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.56
HOA / mo$353.00$353.00$353.00
Total monthly$1,815.16$4,494.19$4,779.53
Cash to close$474,016$59,200$59,200