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$107,464$107,464$260,100
Remaining term (yrs)14.714.730.0
Secondary amount$0$152,636$0
Funding fee$537$537$0
Note rate4.600%4.600%7.400%
Blended rate4.600%6.595%7.640%
1st payment$834.06$834.06$1,800.88
2nd payment$0.00$1,017.58$0.00
Taxes / mo$178.17$178.17$178.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.02
HOA / mo$30.00$30.00$30.00
Total monthly$1,192.22$2,209.80$2,211.07
Cash to close$181,536$28,900$28,900