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$31,703$31,703$252,000
Remaining term (yrs)17.417.430.0
Secondary amount$0$220,297$0
Funding fee$159$159$0
Note rate4.290%4.290%7.320%
Blended rate4.290%7.315%7.560%
1st payment$214.92$214.92$1,731.07
2nd payment$0.00$1,422.75$0.00
Taxes / mo$273.08$273.08$273.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$638.00$2,060.75$2,204.55
Cash to close$248,297$28,000$28,000