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$137,965$137,965$227,700
Remaining term (yrs)22.222.230.0
Secondary amount$0$89,735$0
Funding fee$690$690$0
Note rate4.830%4.830%7.320%
Blended rate4.830%6.473%7.560%
1st payment$842.37$842.37$1,564.14
2nd payment$0.00$673.01$0.00
Taxes / mo$172.17$172.17$172.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.54
HOA / mo$0.00$0.00$0.00
Total monthly$1,164.54$1,837.54$1,931.85
Cash to close$115,035$25,300$25,300