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$131,599$131,599$148,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$25,151$0
Funding fee$658$658$0
Note rate5.220%5.220%7.320%
Blended rate5.220%6.288%7.560%
1st payment$770.49$770.49$1,020.09
2nd payment$0.00$248.89$0.00
Taxes / mo$157.33$157.33$157.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$29.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,077.82$1,326.71$1,357.13
Cash to close$33,401$8,250$16,500