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$137,998$137,998$341,100
Remaining term (yrs)26.926.930.0
Secondary amount$0$203,102$0
Funding fee$690$690$0
Note rate6.960%6.960%7.320%
Blended rate6.960%7.430%7.560%
1st payment$944.59$944.59$2,343.12
2nd payment$0.00$1,311.70$0.00
Taxes / mo$315.83$315.83$315.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,410.42$2,722.12$2,877.17
Cash to close$241,002$37,900$37,900