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$66,738$66,738$259,200
Remaining term (yrs)5.55.530.0
Secondary amount$0$192,462$0
Funding fee$334$334$0
Note rate3.420%3.420%7.320%
Blended rate3.420%6.821%7.560%
1st payment$1,081.00$1,081.00$1,780.52
2nd payment$0.00$1,283.08$0.00
Taxes / mo$240.00$240.00$240.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.84
HOA / mo$0.00$0.00$0.00
Total monthly$1,471.00$2,754.08$2,222.36
Cash to close$221,262$28,800$28,800