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$134,055$134,055$346,500
Remaining term (yrs)15.515.530.0
Secondary amount$0$212,445$0
Funding fee$670$670$0
Note rate4.010%4.010%7.320%
Blended rate4.010%6.303%7.560%
1st payment$961.50$961.50$2,380.21
2nd payment$0.00$1,372.04$0.00
Taxes / mo$349.25$349.25$349.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$0.83$0.83$0.83
Total monthly$1,461.58$2,833.61$2,949.59
Cash to close$250,945$38,500$38,500