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$140,906$140,906$342,000
Remaining term (yrs)17.417.430.0
Secondary amount$0$201,094$0
Funding fee$705$705$0
Note rate4.370%4.370%7.320%
Blended rate4.370%6.357%7.560%
1st payment$958.06$958.06$2,349.30
2nd payment$0.00$1,298.73$0.00
Taxes / mo$326.58$326.58$326.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.40
HOA / mo$19.67$19.67$19.67
Total monthly$1,454.31$2,753.05$2,913.96
Cash to close$239,094$38,000$38,000