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$137,293$137,293$242,999
Remaining term (yrs)18.818.830.0
Secondary amount$0$105,706$0
Funding fee$686$686$0
Note rate4.020%4.020%7.400%
Blended rate4.020%5.751%7.640%
1st payment$864.62$864.62$1,682.48
2nd payment$0.00$704.71$0.00
Taxes / mo$410.58$410.58$410.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.60
HOA / mo$20.42$20.42$20.42
Total monthly$1,445.62$2,150.33$2,312.08
Cash to close$132,706$27,000$27,000