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$148,170$148,170$166,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$27,580$0
Funding fee$741$741$0
Note rate5.100%5.100%7.400%
Blended rate5.100%6.163%7.640%
1st payment$860.93$860.93$1,152.81
2nd payment$0.00$272.92$0.00
Taxes / mo$154.17$154.17$154.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,165.09$1,438.02$1,490.28
Cash to close$36,830$9,250$18,500