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$75,945$75,945$227,250
Remaining term (yrs)11.811.830.0
Secondary amount$0$151,305$0
Funding fee$380$380$0
Note rate6.350%6.350%7.400%
Blended rate6.350%7.449%7.640%
1st payment$758.47$758.47$1,573.43
2nd payment$0.00$1,008.70$0.00
Taxes / mo$210.42$210.42$210.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.45
HOA / mo$0.00$0.00$0.00
Total monthly$1,118.88$2,127.58$1,979.30
Cash to close$176,555$25,250$25,250