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$133,424$133,424$324,000
Remaining term (yrs)15.115.130.0
Secondary amount$0$190,576$0
Funding fee$667$667$0
Note rate4.000%4.000%7.400%
Blended rate4.000%6.353%7.640%
1st payment$975.11$975.11$2,243.31
2nd payment$0.00$1,270.51$0.00
Taxes / mo$213.92$213.92$213.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.80
HOA / mo$45.00$45.00$45.00
Total monthly$1,384.03$2,654.54$2,717.03
Cash to close$226,576$36,000$36,000