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$142,642$142,642$279,000
Remaining term (yrs)14.114.130.0
Secondary amount$0$136,358$0
Funding fee$713$713$0
Note rate4.320%4.320%7.400%
Blended rate4.320%6.119%7.640%
1st payment$1,118.55$1,118.55$1,931.74
2nd payment$0.00$909.05$0.00
Taxes / mo$258.33$258.33$258.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,526.88$2,435.94$2,395.87
Cash to close$167,358$31,000$31,000