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$136,394$136,394$260,910
Remaining term (yrs)22.622.630.0
Secondary amount$0$124,516$0
Funding fee$682$682$0
Note rate4.120%4.120%7.320%
Blended rate4.120%5.972%7.560%
1st payment$770.61$770.61$1,792.27
2nd payment$0.00$830.10$0.00
Taxes / mo$119.50$119.50$119.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.18
HOA / mo$35.00$35.00$35.00
Total monthly$1,075.11$1,905.21$2,148.95
Cash to close$153,506$28,990$28,990