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$202,063$202,063$351,000
Remaining term (yrs)21.421.430.0
Secondary amount$0$148,937$0
Funding fee$1,010$1,010$0
Note rate4.320%4.320%7.320%
Blended rate4.320%5.882%7.560%
1st payment$1,200.90$1,200.90$2,411.13
2nd payment$0.00$992.91$0.00
Taxes / mo$198.33$198.33$198.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,549.24$2,542.15$2,829.66
Cash to close$187,937$39,000$39,000