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$119,892$119,892$321,210
Remaining term (yrs)16.916.930.0
Secondary amount$0$201,318$0
Funding fee$599$599$0
Note rate4.390%4.390%7.400%
Blended rate4.390%6.496%7.640%
1st payment$835.06$835.06$2,223.99
2nd payment$0.00$1,300.18$0.00
Taxes / mo$141.83$141.83$141.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.24
HOA / mo$0.00$0.00$0.00
Total monthly$1,126.90$2,427.07$2,580.07
Cash to close$237,008$35,690$35,690