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$129,928$129,928$305,550
Remaining term (yrs)18.818.830.0
Secondary amount$0$175,622$0
Funding fee$650$650$0
Note rate4.080%4.080%7.320%
Blended rate4.080%6.333%7.560%
1st payment$822.31$822.31$2,098.92
2nd payment$0.00$1,170.81$0.00
Taxes / mo$438.50$438.50$438.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.11
HOA / mo$29.75$29.75$29.75
Total monthly$1,440.56$2,611.37$2,778.28
Cash to close$209,572$33,950$33,950