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$113,476$113,476$264,600
Remaining term (yrs)12.312.330.0
Secondary amount$0$151,124$0
Funding fee$567$567$0
Note rate5.230%5.230%7.400%
Blended rate5.230%6.812%7.640%
1st payment$1,037.04$1,037.04$1,832.04
2nd payment$0.00$1,007.49$0.00
Taxes / mo$509.42$509.42$509.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.92
HOA / mo$5.42$5.42$5.42
Total monthly$1,701.88$2,709.38$2,549.79
Cash to close$180,524$29,400$29,400