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$107,635$107,635$347,310
Remaining term (yrs)14.914.930.0
Secondary amount$0$239,675$0
Funding fee$538$538$0
Note rate4.220%4.220%7.320%
Blended rate4.220%6.656%7.560%
1st payment$804.88$804.88$2,385.78
2nd payment$0.00$1,547.90$0.00
Taxes / mo$374.83$374.83$374.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.46
HOA / mo$9.00$9.00$9.00
Total monthly$1,338.72$2,886.62$2,989.07
Cash to close$278,265$38,590$38,590