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$52,043$52,043$225,000
Remaining term (yrs)14.214.230.0
Secondary amount$0$172,957$0
Funding fee$260$260$0
Note rate4.390%4.390%7.320%
Blended rate4.390%7.165%7.560%
1st payment$408.22$408.22$1,545.59
2nd payment$0.00$1,153.05$0.00
Taxes / mo$100.83$100.83$100.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$659.06$1,812.10$1,841.43
Cash to close$197,957$25,000$25,000