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$67,385$67,385$287,910
Remaining term (yrs)12.312.330.0
Secondary amount$0$220,525$0
Funding fee$337$337$0
Note rate5.220%5.220%7.320%
Blended rate5.220%7.158%7.560%
1st payment$612.56$612.56$1,977.74
2nd payment$0.00$1,424.22$0.00
Taxes / mo$338.33$338.33$338.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,100.90$2,525.12$2,523.66
Cash to close$252,515$31,990$31,990