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$144,319$144,319$301,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$157,181$0
Funding fee$722$722$0
Note rate4.250%4.250%7.400%
Blended rate4.250%6.205%7.640%
1st payment$811.70$811.70$2,087.53
2nd payment$0.00$1,047.87$0.00
Taxes / mo$279.17$279.17$279.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$724.00$724.00$724.00
Total monthly$1,964.87$3,012.74$3,300.99
Cash to close$190,681$33,500$33,500