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$131,953$131,953$332,100
Remaining term (yrs)17.217.230.0
Secondary amount$0$200,147$0
Funding fee$660$660$0
Note rate4.100%4.100%7.320%
Blended rate4.100%6.300%7.560%
1st payment$887.33$887.33$2,281.30
2nd payment$0.00$1,292.62$0.00
Taxes / mo$249.67$249.67$249.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$93.00$93.00$93.00
Total monthly$1,379.99$2,672.61$2,840.38
Cash to close$237,047$36,900$36,900