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$148,514$148,514$274,500
Remaining term (yrs)16.916.930.0
Secondary amount$0$125,986$0
Funding fee$743$743$0
Note rate4.510%4.510%7.400%
Blended rate4.510%6.112%7.640%
1st payment$1,040.32$1,040.32$1,900.58
2nd payment$0.00$839.91$0.00
Taxes / mo$254.17$254.17$254.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,444.49$2,284.40$2,359.65
Cash to close$156,486$30,500$30,500