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$124,550$124,550$207,000
Remaining term (yrs)21.621.630.0
Secondary amount$0$82,450$0
Funding fee$623$623$0
Note rate4.470%4.470%7.320%
Blended rate4.470%6.274%7.560%
1st payment$747.01$747.01$1,421.95
2nd payment$0.00$618.38$0.00
Taxes / mo$453.75$453.75$453.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,350.76$1,969.13$2,067.10
Cash to close$105,450$23,000$23,000