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$169,025$169,025$211,050
Remaining term (yrs)25.625.630.0
Secondary amount$0$42,025$0
Funding fee$845$845$0
Note rate4.720%4.720%7.320%
Blended rate4.720%5.572%7.560%
1st payment$946.11$946.11$1,449.77
2nd payment$0.00$315.19$0.00
Taxes / mo$195.42$195.42$195.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.21
HOA / mo$0.00$0.00$0.00
Total monthly$1,291.53$1,606.71$1,837.39
Cash to close$65,475$23,450$23,450