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$155,752$155,752$337,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$181,748$0
Funding fee$779$779$0
Note rate4.070%4.070%7.400%
Blended rate4.070%6.186%7.640%
1st payment$868.06$868.06$2,336.78
2nd payment$0.00$1,211.66$0.00
Taxes / mo$174.50$174.50$174.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,192.56$2,404.21$2,728.78
Cash to close$219,248$37,500$37,500