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$135,326$135,326$368,100
Remaining term (yrs)22.522.530.0
Secondary amount$0$232,774$0
Funding fee$677$677$0
Note rate4.280%4.280%7.240%
Blended rate4.280%6.474%7.480%
1st payment$779.80$779.80$2,508.59
2nd payment$0.00$1,503.33$0.00
Taxes / mo$140.50$140.50$140.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.62
HOA / mo$20.83$20.83$20.83
Total monthly$1,091.13$2,594.46$2,893.54
Cash to close$273,674$40,900$40,900