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$136,682$136,682$287,910
Remaining term (yrs)16.916.930.0
Secondary amount$0$151,228$0
Funding fee$683$683$0
Note rate4.310%4.310%7.320%
Blended rate4.310%6.248%7.560%
1st payment$946.33$946.33$1,977.74
2nd payment$0.00$1,008.18$0.00
Taxes / mo$209.50$209.50$209.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,305.83$2,314.01$2,394.82
Cash to close$183,218$31,990$31,990