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$139,172$139,172$224,991
Remaining term (yrs)22.622.630.0
Secondary amount$0$85,819$0
Funding fee$696$696$0
Note rate4.270%4.270%7.320%
Blended rate4.270%6.074%7.560%
1st payment$797.71$797.71$1,545.53
2nd payment$0.00$643.65$0.00
Taxes / mo$505.33$505.33$505.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,453.04$2,096.69$2,245.86
Cash to close$110,818$24,999$24,999