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$157,103$157,103$386,550
Remaining term (yrs)20.320.330.0
Secondary amount$0$229,447$0
Funding fee$786$786$0
Note rate4.200%4.200%7.320%
Blended rate4.200%6.307%7.560%
1st payment$953.58$953.58$2,655.33
2nd payment$0.00$1,481.85$0.00
Taxes / mo$398.50$398.50$398.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.31
HOA / mo$42.92$42.92$42.92
Total monthly$1,545.00$3,026.85$3,324.06
Cash to close$272,397$42,950$42,950