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$147,624$147,624$279,000
Remaining term (yrs)20.420.430.0
Secondary amount$0$131,376$0
Funding fee$738$738$0
Note rate4.090%4.090%7.320%
Blended rate4.090%5.931%7.560%
1st payment$887.39$887.39$1,916.54
2nd payment$0.00$875.84$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$1,295.72$2,171.56$2,380.67
Cash to close$162,376$31,000$31,000