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$141,061$141,061$288,000
Remaining term (yrs)21.021.030.0
Secondary amount$0$146,939$0
Funding fee$705$705$0
Note rate4.600%4.600%7.400%
Blended rate4.600%6.335%7.640%
1st payment$869.90$869.90$1,994.05
2nd payment$0.00$979.60$0.00
Taxes / mo$185.00$185.00$185.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,204.90$2,184.50$2,386.65
Cash to close$178,939$32,000$32,000