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$98,587$98,587$319,500
Remaining term (yrs)14.414.430.0
Secondary amount$0$220,913$0
Funding fee$493$493$0
Note rate5.050%5.050%7.400%
Blended rate5.050%6.917%7.640%
1st payment$797.16$797.16$2,212.15
2nd payment$0.00$1,426.73$0.00
Taxes / mo$184.33$184.33$184.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.90
HOA / mo$9.17$9.17$9.17
Total monthly$1,140.67$2,567.40$2,619.56
Cash to close$256,413$35,500$35,500