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$59,641$59,641$211,500
Remaining term (yrs)17.417.430.0
Secondary amount$0$151,859$0
Funding fee$298$298$0
Note rate4.300%4.300%7.400%
Blended rate4.300%6.957%7.640%
1st payment$403.34$403.34$1,464.38
2nd payment$0.00$1,012.40$0.00
Taxes / mo$1.11$1.11$1.11
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.30
HOA / mo$0.00$0.00$0.00
Total monthly$554.44$1,566.84$1,657.79
Cash to close$175,359$23,500$23,500