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$156,102$156,102$368,910
Remaining term (yrs)19.819.830.0
Secondary amount$0$212,808$0
Funding fee$781$781$0
Note rate0.650%0.650%7.400%
Blended rate0.650%4.746%7.640%
1st payment$696.51$696.51$2,554.26
2nd payment$0.00$1,374.39$0.00
Taxes / mo$234.75$234.75$234.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.78
HOA / mo$33.33$33.33$33.33
Total monthly$1,114.59$2,488.98$3,046.12
Cash to close$253,798$40,990$40,990