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$139,721$139,721$413,910
Remaining term (yrs)20.820.830.0
Secondary amount$0$274,189$0
Funding fee$699$699$0
Note rate4.030%4.030%7.320%
Blended rate4.030%6.494%7.560%
1st payment$824.73$824.73$2,843.27
2nd payment$0.00$1,770.80$0.00
Taxes / mo$229.75$229.75$229.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.78
HOA / mo$70.00$70.00$70.00
Total monthly$1,291.15$3,061.95$3,392.47
Cash to close$320,179$45,990$45,990