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$124,662$124,662$224,550
Remaining term (yrs)18.818.830.0
Secondary amount$0$99,888$0
Funding fee$623$623$0
Note rate4.040%4.040%7.320%
Blended rate4.040%6.246%7.560%
1st payment$786.37$786.37$1,542.50
2nd payment$0.00$749.16$0.00
Taxes / mo$323.17$323.17$323.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.91
HOA / mo$0.00$0.00$0.00
Total monthly$1,259.54$2,008.70$2,060.58
Cash to close$124,838$24,950$24,950