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$108,586$108,586$306,000
Remaining term (yrs)20.220.230.0
Secondary amount$0$197,414$0
Funding fee$543$543$0
Note rate4.080%4.080%7.400%
Blended rate4.080%6.609%7.640%
1st payment$655.57$655.57$2,118.68
2nd payment$0.00$1,316.09$0.00
Taxes / mo$283.33$283.33$283.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$78.00$78.00$78.00
Total monthly$1,166.91$2,483.00$2,691.22
Cash to close$231,414$34,000$34,000