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$146,377$146,377$261,000
Remaining term (yrs)21.421.430.0
Secondary amount$0$114,623$0
Funding fee$732$732$0
Note rate4.400%4.400%7.320%
Blended rate4.400%5.981%7.560%
1st payment$876.33$876.33$1,792.89
2nd payment$0.00$764.15$0.00
Taxes / mo$226.50$226.50$226.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.20
HOA / mo$7.92$7.92$7.92
Total monthly$1,260.75$2,024.90$2,229.51
Cash to close$143,623$29,000$29,000