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$136,845$136,845$373,410
Remaining term (yrs)17.117.130.0
Secondary amount$0$236,565$0
Funding fee$684$684$0
Note rate4.230%4.230%7.400%
Blended rate4.230%6.460%7.640%
1st payment$932.46$932.46$2,585.42
2nd payment$0.00$1,527.82$0.00
Taxes / mo$523.17$523.17$523.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.68
HOA / mo$147.00$147.00$147.00
Total monthly$1,752.63$3,280.45$3,480.26
Cash to close$278,055$41,490$41,490