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$126,067$126,067$309,600
Remaining term (yrs)21.821.830.0
Secondary amount$0$183,533$0
Funding fee$630$630$0
Note rate4.590%4.590%7.400%
Blended rate4.590%6.611%7.640%
1st payment$761.05$761.05$2,143.61
2nd payment$0.00$1,223.55$0.00
Taxes / mo$108.68$108.68$108.68
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.92
HOA / mo$0.00$0.00$0.00
Total monthly$1,019.73$2,243.28$2,464.21
Cash to close$217,933$34,400$34,400