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$139,881$139,881$206,910
Remaining term (yrs)20.520.530.0
Secondary amount$0$67,029$0
Funding fee$699$699$0
Note rate4.230%4.230%7.320%
Blended rate4.230%5.775%7.560%
1st payment$846.98$846.98$1,421.33
2nd payment$0.00$502.72$0.00
Taxes / mo$529.58$529.58$529.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,526.56$2,029.28$2,142.29
Cash to close$90,019$22,990$22,990