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$130,754$130,754$287,910
Remaining term (yrs)20.220.230.0
Secondary amount$0$157,156$0
Funding fee$654$654$0
Note rate4.130%4.130%7.400%
Blended rate4.130%6.242%7.640%
1st payment$792.88$792.88$1,993.43
2nd payment$0.00$1,047.71$0.00
Taxes / mo$179.42$179.42$179.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,122.29$2,170.00$2,380.43
Cash to close$189,146$31,990$31,990