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$154,989$154,989$297,000
Remaining term (yrs)22.222.230.0
Secondary amount$0$142,011$0
Funding fee$775$775$0
Note rate4.830%4.830%7.400%
Blended rate4.830%6.346%7.640%
1st payment$946.31$946.31$2,056.37
2nd payment$0.00$946.74$0.00
Taxes / mo$269.39$269.39$269.39
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$15.00$15.00$15.00
Total monthly$1,380.70$2,327.44$2,550.16
Cash to close$175,011$33,000$33,000