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$151,104$151,104$364,410
Remaining term (yrs)10.910.930.0
Secondary amount$0$213,306$0
Funding fee$756$756$0
Note rate4.030%4.030%7.400%
Blended rate4.030%6.207%7.640%
1st payment$1,419.03$1,419.03$2,523.10
2nd payment$0.00$1,377.60$0.00
Taxes / mo$337.42$337.42$337.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.88
HOA / mo$21.33$21.33$21.33
Total monthly$1,927.78$3,305.38$3,104.73
Cash to close$253,796$40,490$40,490