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$121,478$121,478$332,910
Remaining term (yrs)21.421.430.0
Secondary amount$0$211,432$0
Funding fee$607$607$0
Note rate4.460%4.460%7.320%
Blended rate4.460%6.549%7.560%
1st payment$731.25$731.25$2,286.86
2nd payment$0.00$1,365.50$0.00
Taxes / mo$49.83$49.83$49.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.58
HOA / mo$0.00$0.00$0.00
Total monthly$931.08$2,296.58$2,553.28
Cash to close$248,422$36,990$36,990