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$135,409$135,409$229,950
Remaining term (yrs)20.320.330.0
Secondary amount$0$94,541$0
Funding fee$677$677$0
Note rate4.120%4.120%7.320%
Blended rate4.120%6.126%7.560%
1st payment$816.13$816.13$1,579.60
2nd payment$0.00$709.06$0.00
Taxes / mo$641.00$641.00$641.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.99
HOA / mo$0.00$0.00$0.00
Total monthly$1,607.13$2,316.18$2,416.59
Cash to close$120,091$25,550$25,550