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$145,742$145,742$270,000
Remaining term (yrs)21.521.530.0
Secondary amount$0$124,258$0
Funding fee$729$729$0
Note rate4.440%4.440%7.400%
Blended rate4.440%6.078%7.640%
1st payment$873.70$873.70$1,869.43
2nd payment$0.00$828.39$0.00
Taxes / mo$250.00$250.00$250.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,273.70$2,102.09$2,323.43
Cash to close$154,258$30,000$30,000