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$162,263$162,263$278,910
Remaining term (yrs)22.522.530.0
Secondary amount$0$116,647$0
Funding fee$811$811$0
Note rate4.280%4.280%7.400%
Blended rate4.280%5.836%7.640%
1st payment$932.98$932.98$1,931.12
2nd payment$0.00$777.65$0.00
Taxes / mo$191.25$191.25$191.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.78
HOA / mo$28.00$28.00$28.00
Total monthly$1,302.23$2,079.87$2,356.15
Cash to close$147,637$30,990$30,990