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$141,437$141,437$292,500
Remaining term (yrs)20.720.730.0
Secondary amount$0$151,063$0
Funding fee$707$707$0
Note rate4.050%4.050%7.400%
Blended rate4.050%6.090%7.640%
1st payment$838.50$838.50$2,025.21
2nd payment$0.00$1,007.08$0.00
Taxes / mo$270.83$270.83$270.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$50.00$50.00$50.00
Total monthly$1,309.33$2,316.41$2,554.54
Cash to close$183,563$32,500$32,500