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$26,807$26,807$130,410
Remaining term (yrs)20.420.430.0
Secondary amount$0$103,603$0
Funding fee$134$134$0
Note rate4.140%4.140%7.320%
Blended rate4.140%7.207%7.560%
1st payment$161.44$161.44$895.83
2nd payment$0.00$690.69$0.00
Taxes / mo$122.58$122.58$122.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$26.08
HOA / mo$339.00$339.00$339.00
Total monthly$773.02$1,463.71$1,533.49
Cash to close$118,093$14,490$14,490