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$7,227$7,227$255,150
Remaining term (yrs)23.723.730.0
Secondary amount$0$247,923$0
Funding fee$36$36$0
Note rate7.100%7.100%7.400%
Blended rate7.100%7.732%7.640%
1st payment$52.47$52.47$1,766.61
2nd payment$0.00$1,601.17$0.00
Taxes / mo$208.92$208.92$208.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.03
HOA / mo$0.00$0.00$0.00
Total monthly$411.38$2,012.55$2,176.55
Cash to close$276,273$28,350$28,350