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$136,142$136,142$247,410
Remaining term (yrs)21.921.930.0
Secondary amount$0$111,268$0
Funding fee$681$681$0
Note rate4.540%4.540%7.400%
Blended rate4.540%6.096%7.640%
1st payment$814.50$814.50$1,713.02
2nd payment$0.00$741.78$0.00
Taxes / mo$47.19$47.19$47.19
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$1,011.69$1,753.48$1,959.69
Cash to close$138,758$27,490$27,490