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$144,516$144,516$404,550
Remaining term (yrs)15.015.030.0
Secondary amount$0$260,034$0
Funding fee$723$723$0
Note rate3.200%3.200%7.400%
Blended rate3.200%6.125%7.640%
1st payment$1,003.30$1,003.30$2,801.02
2nd payment$0.00$1,679.39$0.00
Taxes / mo$325.33$325.33$325.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.91
HOA / mo$0.00$0.00$0.00
Total monthly$1,478.63$3,158.01$3,357.27
Cash to close$304,984$44,950$44,950