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$93,540$93,540$328,500
Remaining term (yrs)13.413.430.0
Secondary amount$0$234,960$0
Funding fee$468$468$0
Note rate6.000%6.000%7.320%
Blended rate6.000%7.252%7.560%
1st payment$843.86$843.86$2,256.57
2nd payment$0.00$1,517.45$0.00
Taxes / mo$304.17$304.17$304.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$479.00$479.00$479.00
Total monthly$1,777.02$3,294.47$3,255.43
Cash to close$271,460$36,500$36,500