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$128,985$128,985$337,500
Remaining term (yrs)15.215.230.0
Secondary amount$0$208,515$0
Funding fee$645$645$0
Note rate4.000%4.000%7.320%
Blended rate4.000%6.317%7.560%
1st payment$938.95$938.95$2,318.39
2nd payment$0.00$1,346.66$0.00
Taxes / mo$312.50$312.50$312.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,401.45$2,748.11$2,848.39
Cash to close$246,015$37,500$37,500