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$16,120$16,120$139,410
Remaining term (yrs)3.93.930.0
Secondary amount$0$123,290$0
Funding fee$81$81$0
Note rate8.160%8.160%7.320%
Blended rate8.160%8.019%7.560%
1st payment$394.74$394.74$957.65
2nd payment$0.00$821.94$0.00
Taxes / mo$181.08$181.08$181.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$27.88
HOA / mo$0.00$0.00$0.00
Total monthly$725.82$1,547.76$1,316.62
Cash to close$138,780$15,490$15,490