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$126,010$126,010$310,500
Remaining term (yrs)20.320.330.0
Secondary amount$0$184,490$0
Funding fee$630$630$0
Note rate4.120%4.120%7.400%
Blended rate4.120%6.425%7.640%
1st payment$761.45$761.45$2,149.84
2nd payment$0.00$1,229.93$0.00
Taxes / mo$143.83$143.83$143.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,055.28$2,285.22$2,505.77
Cash to close$218,990$34,500$34,500