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$148,028$148,028$287,100
Remaining term (yrs)22.522.530.0
Secondary amount$0$139,072$0
Funding fee$740$740$0
Note rate4.000%4.000%7.400%
Blended rate4.000%5.938%7.640%
1st payment$828.56$828.56$1,987.82
2nd payment$0.00$927.14$0.00
Taxes / mo$265.83$265.83$265.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,244.40$2,171.54$2,461.08
Cash to close$170,972$31,900$31,900