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$133,788$133,788$211,500
Remaining term (yrs)21.921.930.0
Secondary amount$0$77,712$0
Funding fee$669$669$0
Note rate4.520%4.520%7.320%
Blended rate4.520%6.166%7.560%
1st payment$798.94$798.94$1,452.86
2nd payment$0.00$582.84$0.00
Taxes / mo$161.58$161.58$161.58
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$1,110.53$1,693.36$1,806.74
Cash to close$101,212$23,500$23,500