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$27,982$27,982$224,100
Remaining term (yrs)6.76.730.0
Secondary amount$0$196,118$0
Funding fee$140$140$0
Note rate5.340%5.340%7.400%
Blended rate5.340%7.668%7.640%
1st payment$408.03$408.03$1,551.62
2nd payment$0.00$1,307.45$0.00
Taxes / mo$207.50$207.50$207.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.82
HOA / mo$0.00$0.00$0.00
Total monthly$765.53$2,072.98$1,953.94
Cash to close$221,018$24,900$24,900