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$136,404$136,404$247,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$111,096$0
Funding fee$682$682$0
Note rate4.070%4.070%7.400%
Blended rate4.070%5.834%7.640%
1st payment$760.22$760.22$1,713.64
2nd payment$0.00$740.64$0.00
Taxes / mo$258.17$258.17$258.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,168.39$1,909.03$2,171.31
Cash to close$138,596$27,500$27,500