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$141,423$141,423$346,500
Remaining term (yrs)14.914.930.0
Secondary amount$0$205,077$0
Funding fee$707$707$0
Note rate5.350%5.350%7.320%
Blended rate5.350%6.770%7.560%
1st payment$1,140.19$1,140.19$2,380.21
2nd payment$0.00$1,324.46$0.00
Taxes / mo$201.33$201.33$201.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$4.17$4.17$4.17
Total monthly$1,495.69$2,820.15$2,805.02
Cash to close$243,577$38,500$38,500