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$87,698$87,698$251,910
Remaining term (yrs)14.414.430.0
Secondary amount$0$164,212$0
Funding fee$438$438$0
Note rate4.830%4.830%7.400%
Blended rate4.830%6.896%7.640%
1st payment$699.14$699.14$1,744.17
2nd payment$0.00$1,094.75$0.00
Taxes / mo$196.33$196.33$196.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.38
HOA / mo$46.00$46.00$46.00
Total monthly$1,091.47$2,186.22$2,186.89
Cash to close$192,202$27,990$27,990