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$137,043$137,043$337,500
Remaining term (yrs)14.214.230.0
Secondary amount$0$200,457$0
Funding fee$685$685$0
Note rate4.400%4.400%7.400%
Blended rate4.400%6.390%7.640%
1st payment$1,075.65$1,075.65$2,336.78
2nd payment$0.00$1,294.62$0.00
Taxes / mo$456.83$456.83$456.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$11.83$11.83$11.83
Total monthly$1,694.32$2,988.94$3,022.95
Cash to close$237,957$37,500$37,500