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$86,115$86,115$336,599
Remaining term (yrs)26.426.430.0
Secondary amount$0$250,484$0
Funding fee$431$431$0
Note rate6.260%6.260%7.400%
Blended rate6.260%7.369%7.640%
1st payment$554.73$554.73$2,330.54
2nd payment$0.00$1,617.71$0.00
Taxes / mo$109.18$109.18$109.18
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.32
HOA / mo$0.00$0.00$0.00
Total monthly$813.91$2,431.62$2,657.04
Cash to close$287,884$37,400$37,400