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$140,621$140,621$202,500
Remaining term (yrs)28.328.330.0
Secondary amount$0$61,879$0
Funding fee$703$703$0
Note rate6.910%6.910%7.320%
Blended rate6.910%7.549%7.560%
1st payment$942.82$942.82$1,391.03
2nd payment$0.00$464.09$0.00
Taxes / mo$187.50$187.50$187.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,280.32$1,744.41$1,769.03
Cash to close$84,379$22,500$22,500