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$143,249$143,249$238,500
Remaining term (yrs)21.721.730.0
Secondary amount$0$95,251$0
Funding fee$716$716$0
Note rate4.550%4.550%7.400%
Blended rate4.550%6.327%7.640%
1st payment$863.52$863.52$1,651.33
2nd payment$0.00$714.39$0.00
Taxes / mo$220.83$220.83$220.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,234.36$1,948.74$2,069.86
Cash to close$121,751$26,500$26,500