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$126,952$126,952$342,000
Remaining term (yrs)14.514.530.0
Secondary amount$0$215,048$0
Funding fee$635$635$0
Note rate4.870%4.870%7.400%
Blended rate4.870%6.681%7.640%
1st payment$1,010.74$1,010.74$2,367.94
2nd payment$0.00$1,388.85$0.00
Taxes / mo$298.75$298.75$298.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.40
HOA / mo$23.00$23.00$23.00
Total monthly$1,482.49$2,871.34$2,908.09
Cash to close$253,048$38,000$38,000