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$121,961$121,961$314,910
Remaining term (yrs)11.311.330.0
Secondary amount$0$192,949$0
Funding fee$610$610$0
Note rate5.730%5.730%7.320%
Blended rate5.730%7.121%7.560%
1st payment$1,214.98$1,214.98$2,163.21
2nd payment$0.00$1,286.33$0.00
Taxes / mo$65.25$65.25$65.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,430.23$2,716.56$2,441.45
Cash to close$227,939$34,990$34,990