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$102,735$102,735$296,100
Remaining term (yrs)21.921.930.0
Secondary amount$0$193,365$0
Funding fee$514$514$0
Note rate4.020%4.020%7.400%
Blended rate4.020%6.619%7.640%
1st payment$585.50$585.50$2,050.14
2nd payment$0.00$1,289.10$0.00
Taxes / mo$274.17$274.17$274.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.22
HOA / mo$95.00$95.00$95.00
Total monthly$1,104.67$2,393.77$2,628.52
Cash to close$226,265$32,900$32,900