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$163,322$163,322$315,000
Remaining term (yrs)22.722.730.0
Secondary amount$0$151,678$0
Funding fee$817$817$0
Note rate4.140%4.140%7.400%
Blended rate4.140%5.999%7.640%
1st payment$922.49$922.49$2,181.00
2nd payment$0.00$1,011.19$0.00
Taxes / mo$194.34$194.34$194.34
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,266.83$2,278.02$2,588.34
Cash to close$186,678$35,000$35,000