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$50,702$50,702$206,100
Remaining term (yrs)21.721.730.0
Secondary amount$0$155,398$0
Funding fee$254$254$0
Note rate4.530%4.530%7.400%
Blended rate4.530%7.146%7.640%
1st payment$305.08$305.08$1,426.99
2nd payment$0.00$1,035.98$0.00
Taxes / mo$57.36$57.36$57.36
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.22
HOA / mo$0.00$0.00$0.00
Total monthly$512.44$1,548.42$1,675.57
Cash to close$178,298$22,900$22,900