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$111,882$111,882$291,510
Remaining term (yrs)17.217.230.0
Secondary amount$0$179,628$0
Funding fee$559$559$0
Note rate4.220%4.220%7.400%
Blended rate4.220%6.549%7.640%
1st payment$759.30$759.30$2,018.36
2nd payment$0.00$1,197.52$0.00
Taxes / mo$269.92$269.92$269.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,179.21$2,376.73$2,496.58
Cash to close$212,018$32,390$32,390