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$149,428$149,428$359,910
Remaining term (yrs)20.420.430.0
Secondary amount$0$210,482$0
Funding fee$747$747$0
Note rate4.120%4.120%7.320%
Blended rate4.120%6.243%7.560%
1st payment$900.62$900.62$2,472.33
2nd payment$0.00$1,359.36$0.00
Taxes / mo$236.50$236.50$236.50
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$1,287.12$2,646.48$2,930.81
Cash to close$250,472$39,990$39,990