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$44,848$44,848$183,600
Remaining term (yrs)15.215.230.0
Secondary amount$0$138,752$0
Funding fee$224$224$0
Note rate4.000%4.000%7.320%
Blended rate4.000%7.023%7.560%
1st payment$326.48$326.48$1,261.20
2nd payment$0.00$925.01$0.00
Taxes / mo$170.00$170.00$170.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$36.72
HOA / mo$0.00$0.00$0.00
Total monthly$646.48$1,571.49$1,617.92
Cash to close$159,152$20,400$20,400