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$124,738$124,738$193,500
Remaining term (yrs)21.721.730.0
Secondary amount$0$68,762$0
Funding fee$624$624$0
Note rate4.560%4.560%7.320%
Blended rate4.560%6.138%7.560%
1st payment$752.63$752.63$1,329.21
2nd payment$0.00$515.71$0.00
Taxes / mo$165.83$165.83$165.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$38.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,068.46$1,584.17$1,683.74
Cash to close$90,262$21,500$21,500