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$145,439$145,439$268,200
Remaining term (yrs)22.622.630.0
Secondary amount$0$122,761$0
Funding fee$727$727$0
Note rate4.140%4.140%7.400%
Blended rate4.140%5.907%7.640%
1st payment$823.29$823.29$1,856.96
2nd payment$0.00$818.40$0.00
Taxes / mo$179.00$179.00$179.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.64
HOA / mo$10.42$10.42$10.42
Total monthly$1,162.71$1,981.12$2,250.02
Cash to close$152,561$29,800$29,800