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$132,368$132,368$220,500
Remaining term (yrs)21.421.430.0
Secondary amount$0$88,132$0
Funding fee$662$662$0
Note rate4.030%4.030%7.400%
Blended rate4.030%6.016%7.640%
1st payment$767.83$767.83$1,526.70
2nd payment$0.00$660.99$0.00
Taxes / mo$175.41$175.41$175.41
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,093.24$1,754.24$1,896.21
Cash to close$112,632$24,500$24,500