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$148,143$148,143$382,500
Remaining term (yrs)16.916.930.0
Secondary amount$0$234,357$0
Funding fee$741$741$0
Note rate4.370%4.370%7.400%
Blended rate4.370%6.441%7.640%
1st payment$1,030.29$1,030.29$2,648.35
2nd payment$0.00$1,513.56$0.00
Taxes / mo$95.08$95.08$95.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,275.37$2,788.93$2,969.94
Cash to close$276,857$42,500$42,500