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$129,222$129,222$224,550
Remaining term (yrs)21.621.630.0
Secondary amount$0$95,328$0
Funding fee$646$646$0
Note rate4.470%4.470%7.400%
Blended rate4.470%6.393%7.640%
1st payment$775.03$775.03$1,554.74
2nd payment$0.00$714.96$0.00
Taxes / mo$136.17$136.17$136.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.91
HOA / mo$0.00$0.00$0.00
Total monthly$1,061.19$1,776.16$1,885.82
Cash to close$120,278$24,950$24,950