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$156,150$156,150$382,500
Remaining term (yrs)17.917.930.0
Secondary amount$0$226,350$0
Funding fee$781$781$0
Note rate0.110%0.110%7.320%
Blended rate0.110%4.631%7.560%
1st payment$726.80$726.80$2,627.51
2nd payment$0.00$1,461.84$0.00
Taxes / mo$974.33$974.33$974.33
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$1,851.13$3,312.98$3,828.34
Cash to close$268,850$42,500$42,500