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$70,068$70,068$269,100
Remaining term (yrs)8.98.930.0
Secondary amount$0$199,032$0
Funding fee$350$350$0
Note rate5.820%5.820%7.320%
Blended rate5.820%7.432%7.560%
1st payment$835.00$835.00$1,848.53
2nd payment$0.00$1,326.88$0.00
Taxes / mo$312.92$312.92$312.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,297.92$2,624.79$2,365.27
Cash to close$228,932$29,900$29,900