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$116,266$116,266$238,500
Remaining term (yrs)20.320.330.0
Secondary amount$0$122,234$0
Funding fee$581$581$0
Note rate4.300%4.300%7.320%
Blended rate4.300%6.196%7.560%
1st payment$713.76$713.76$1,638.33
2nd payment$0.00$814.89$0.00
Taxes / mo$194.69$194.69$194.69
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,058.45$1,873.34$2,030.72
Cash to close$148,734$26,500$26,500