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$145,182$145,182$359,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$214,728$0
Funding fee$726$726$0
Note rate5.230%5.230%7.320%
Blended rate5.230%6.733%7.560%
1st payment$853.45$853.45$2,472.33
2nd payment$0.00$1,386.79$0.00
Taxes / mo$333.25$333.25$333.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,336.70$2,723.48$3,027.56
Cash to close$254,718$39,990$39,990