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$39,736$39,736$251,100
Remaining term (yrs)18.918.930.0
Secondary amount$0$211,364$0
Funding fee$199$199$0
Note rate4.090%4.090%7.400%
Blended rate4.090%7.171%7.640%
1st payment$250.96$250.96$1,738.57
2nd payment$0.00$1,365.06$0.00
Taxes / mo$183.08$183.08$183.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.22
HOA / mo$0.00$0.00$0.00
Total monthly$584.04$1,949.11$2,121.87
Cash to close$239,264$27,900$27,900