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$131,514$131,514$247,410
Remaining term (yrs)22.622.630.0
Secondary amount$0$115,896$0
Funding fee$658$658$0
Note rate4.170%4.170%7.400%
Blended rate4.170%5.964%7.640%
1st payment$746.62$746.62$1,713.02
2nd payment$0.00$772.64$0.00
Taxes / mo$229.08$229.08$229.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,125.70$1,898.34$2,141.58
Cash to close$143,386$27,490$27,490