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$124,296$124,296$211,500
Remaining term (yrs)22.822.830.0
Secondary amount$0$87,204$0
Funding fee$621$621$0
Note rate4.070%4.070%7.400%
Blended rate4.070%6.103%7.640%
1st payment$695.79$695.79$1,464.38
2nd payment$0.00$654.03$0.00
Taxes / mo$164.92$164.92$164.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,010.70$1,664.73$1,821.60
Cash to close$110,704$23,500$23,500