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$106,212$106,212$265,500
Remaining term (yrs)14.914.930.0
Secondary amount$0$159,288$0
Funding fee$531$531$0
Note rate4.320%4.320%7.400%
Blended rate4.320%6.528%7.640%
1st payment$799.63$799.63$1,838.27
2nd payment$0.00$1,061.92$0.00
Taxes / mo$245.83$245.83$245.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$36.67$36.67$36.67
Total monthly$1,232.13$2,294.05$2,323.87
Cash to close$188,788$29,500$29,500