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$135,355$135,355$166,500
Remaining term (yrs)22.422.430.0
Secondary amount$0$31,145$0
Funding fee$677$677$0
Note rate4.370%4.370%7.400%
Blended rate4.370%5.236%7.640%
1st payment$786.66$786.66$1,152.81
2nd payment$0.00$233.59$0.00
Taxes / mo$154.17$154.17$154.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$33.30
HOA / mo$734.00$734.00$734.00
Total monthly$1,824.83$2,058.41$2,224.28
Cash to close$49,645$18,500$18,500