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$82,764$82,764$301,500
Remaining term (yrs)27.427.430.0
Secondary amount$0$218,736$0
Funding fee$414$414$0
Note rate6.900%6.900%7.320%
Blended rate6.900%7.517%7.560%
1st payment$559.81$559.81$2,071.10
2nd payment$0.00$1,412.67$0.00
Taxes / mo$257.83$257.83$257.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$4.17$4.17$4.17
Total monthly$971.81$2,384.48$2,543.40
Cash to close$252,236$33,500$33,500