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$149,092$149,092$270,000
Remaining term (yrs)17.317.330.0
Secondary amount$0$120,908$0
Funding fee$745$745$0
Note rate4.390%4.390%7.320%
Blended rate4.390%6.007%7.560%
1st payment$1,018.49$1,018.49$1,854.71
2nd payment$0.00$806.05$0.00
Taxes / mo$666.55$666.55$666.55
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$1,835.04$2,641.10$2,725.27
Cash to close$150,908$30,000$30,000