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$140,198$140,198$323,910
Remaining term (yrs)17.917.930.0
Secondary amount$0$183,712$0
Funding fee$701$701$0
Note rate4.120%4.120%7.400%
Blended rate4.120%6.321%7.640%
1st payment$920.28$920.28$2,242.69
2nd payment$0.00$1,224.74$0.00
Taxes / mo$215.58$215.58$215.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$47.00$47.00$47.00
Total monthly$1,332.87$2,557.61$2,720.05
Cash to close$219,702$35,990$35,990