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$74,270$74,270$247,410
Remaining term (yrs)8.78.730.0
Secondary amount$0$173,140$0
Funding fee$371$371$0
Note rate3.200%3.200%7.400%
Blended rate3.200%6.559%7.640%
1st payment$805.28$805.28$1,713.02
2nd payment$0.00$1,154.26$0.00
Taxes / mo$205.00$205.00$205.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,160.28$2,314.54$2,117.50
Cash to close$200,630$27,490$27,490