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$90,163$90,163$297,000
Remaining term (yrs)8.98.930.0
Secondary amount$0$206,837$0
Funding fee$451$451$0
Note rate5.890%5.890%7.400%
Blended rate5.890%7.185%7.640%
1st payment$1,070.08$1,070.08$2,056.37
2nd payment$0.00$1,335.82$0.00
Taxes / mo$9.67$9.67$9.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$43.75$43.75$43.75
Total monthly$1,273.50$2,609.32$2,319.18
Cash to close$239,837$33,000$33,000