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$140,518$140,518$246,510
Remaining term (yrs)20.720.730.0
Secondary amount$0$105,992$0
Funding fee$703$703$0
Note rate4.010%4.010%7.320%
Blended rate4.010%5.726%7.560%
1st payment$830.06$830.06$1,693.35
2nd payment$0.00$706.61$0.00
Taxes / mo$355.83$355.83$355.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,335.89$2,042.50$2,248.49
Cash to close$133,382$27,390$27,390