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$140,312$140,312$264,283
Remaining term (yrs)18.018.030.0
Secondary amount$0$123,971$0
Funding fee$702$702$0
Note rate4.120%4.120%7.320%
Blended rate4.120%5.940%7.560%
1st payment$915.33$915.33$1,815.44
2nd payment$0.00$826.47$0.00
Taxes / mo$541.67$541.67$541.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.86
HOA / mo$0.00$0.00$0.00
Total monthly$1,606.99$2,433.47$2,559.97
Cash to close$153,336$29,365$29,365