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$160,863$160,863$373,500
Remaining term (yrs)22.722.730.0
Secondary amount$0$212,637$0
Funding fee$804$804$0
Note rate4.070%4.070%7.400%
Blended rate4.070%6.165%7.640%
1st payment$902.47$902.47$2,586.04
2nd payment$0.00$1,373.28$0.00
Taxes / mo$149.63$149.63$149.63
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,202.10$2,575.38$2,960.36
Cash to close$254,137$41,500$41,500