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$88,200$88,200$294,210
Remaining term (yrs)21.921.930.0
Secondary amount$0$206,010$0
Funding fee$441$441$0
Note rate4.530%4.530%7.320%
Blended rate4.530%6.785%7.560%
1st payment$527.19$527.19$2,021.02
2nd payment$0.00$1,330.48$0.00
Taxes / mo$134.17$134.17$134.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.84
HOA / mo$0.00$0.00$0.00
Total monthly$811.36$2,141.84$2,364.03
Cash to close$238,700$32,690$32,690