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$145,774$145,774$404,910
Remaining term (yrs)12.712.730.0
Secondary amount$0$259,136$0
Funding fee$729$729$0
Note rate4.880%4.880%7.320%
Blended rate4.880%6.717%7.560%
1st payment$1,275.59$1,275.59$2,781.45
2nd payment$0.00$1,673.58$0.00
Taxes / mo$466.17$466.17$466.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$13.17$13.17$13.17
Total monthly$1,904.93$3,578.52$3,491.77
Cash to close$304,126$44,990$44,990