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$111,846$111,846$288,000
Remaining term (yrs)13.013.030.0
Secondary amount$0$176,154$0
Funding fee$559$559$0
Note rate4.930%4.930%7.400%
Blended rate4.930%6.808%7.640%
1st payment$963.72$963.72$1,994.05
2nd payment$0.00$1,174.36$0.00
Taxes / mo$180.58$180.58$180.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.60
HOA / mo$370.00$370.00$370.00
Total monthly$1,664.30$2,838.67$2,752.24
Cash to close$208,154$32,000$32,000