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$135,039$135,039$180,000
Remaining term (yrs)21.421.430.0
Secondary amount$0$44,961$0
Funding fee$675$675$0
Note rate4.040%4.040%7.320%
Blended rate4.040%5.279%7.560%
1st payment$784.05$784.05$1,236.48
2nd payment$0.00$337.21$0.00
Taxes / mo$77.67$77.67$77.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$36.00
HOA / mo$303.00$303.00$303.00
Total monthly$1,314.72$1,651.93$1,803.14
Cash to close$64,961$20,000$20,000