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$5,769$5,769$202,410
Remaining term (yrs)27.427.430.0
Secondary amount$0$196,641$0
Funding fee$29$29$0
Note rate6.140%6.140%7.400%
Blended rate6.140%7.947%7.640%
1st payment$36.25$36.25$1,401.45
2nd payment$0.00$1,310.94$0.00
Taxes / mo$264.33$264.33$264.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.48
HOA / mo$0.00$0.00$0.00
Total monthly$450.58$1,761.52$1,856.26
Cash to close$219,131$22,490$22,490