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$132,773$132,773$175,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$42,727$0
Funding fee$664$664$0
Note rate5.100%5.100%7.320%
Blended rate5.100%6.049%7.560%
1st payment$772.67$772.67$1,205.56
2nd payment$0.00$320.45$0.00
Taxes / mo$162.50$162.50$162.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.10
HOA / mo$220.00$220.00$220.00
Total monthly$1,305.17$1,625.62$1,773.16
Cash to close$62,227$19,500$19,500