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$110,225$110,225$333,000
Remaining term (yrs)18.918.930.0
Secondary amount$0$222,775$0
Funding fee$551$551$0
Note rate4.050%4.050%7.320%
Blended rate4.050%6.525%7.560%
1st payment$693.84$693.84$2,287.48
2nd payment$0.00$1,438.76$0.00
Taxes / mo$254.49$254.49$254.49
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$29.17$29.17$29.17
Total monthly$1,127.51$2,566.26$2,787.74
Cash to close$259,775$37,000$37,000