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$96,300$96,300$251,910
Remaining term (yrs)17.917.930.0
Secondary amount$0$155,610$0
Funding fee$481$481$0
Note rate4.130%4.130%7.320%
Blended rate4.130%6.521%7.560%
1st payment$630.66$630.66$1,730.45
2nd payment$0.00$1,037.40$0.00
Taxes / mo$311.25$311.25$311.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,091.91$2,129.31$2,242.08
Cash to close$183,600$27,990$27,990