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$64,517$64,517$234,000
Remaining term (yrs)20.420.430.0
Secondary amount$0$169,483$0
Funding fee$323$323$0
Note rate4.150%4.150%7.400%
Blended rate4.150%6.938%7.640%
1st payment$388.88$388.88$1,620.17
2nd payment$0.00$1,129.88$0.00
Taxes / mo$56.50$56.50$56.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$595.38$1,725.27$1,873.47
Cash to close$195,483$26,000$26,000