Dan Frey Home Loans
Call Dan

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$130,853$130,853$234,000
Remaining term (yrs)20.420.430.0
Secondary amount$0$103,147$0
Funding fee$654$654$0
Note rate4.200%4.200%7.400%
Blended rate4.200%5.875%7.640%
1st payment$794.25$794.25$1,620.17
2nd payment$0.00$687.65$0.00
Taxes / mo$147.67$147.67$147.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,091.92$1,779.57$1,964.64
Cash to close$129,147$26,000$26,000