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$140,411$140,411$296,100
Remaining term (yrs)21.321.330.0
Secondary amount$0$155,689$0
Funding fee$702$702$0
Note rate4.750%4.750%7.400%
Blended rate4.750%6.459%7.640%
1st payment$871.56$871.56$2,050.14
2nd payment$0.00$1,037.93$0.00
Taxes / mo$83.25$83.25$83.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,104.81$2,142.74$2,342.61
Cash to close$188,589$32,900$32,900