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$147,806$147,806$260,910
Remaining term (yrs)10.810.830.0
Secondary amount$0$113,104$0
Funding fee$739$739$0
Note rate4.810%4.810%7.400%
Blended rate4.810%6.193%7.640%
1st payment$1,452.53$1,452.53$1,806.49
2nd payment$0.00$754.03$0.00
Taxes / mo$211.83$211.83$211.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,814.37$2,568.39$2,220.50
Cash to close$142,094$28,990$28,990