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$158,303$158,303$315,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$156,697$0
Funding fee$792$792$0
Note rate4.000%4.000%7.400%
Blended rate4.000%5.990%7.640%
1st payment$822.97$822.97$2,181.00
2nd payment$0.00$1,044.64$0.00
Taxes / mo$284.00$284.00$284.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$197.00$197.00$197.00
Total monthly$1,453.97$2,498.61$2,875.00
Cash to close$191,697$35,000$35,000