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$91,534$91,534$229,500
Remaining term (yrs)12.412.430.0
Secondary amount$0$137,966$0
Funding fee$458$458$0
Note rate5.130%5.130%7.320%
Blended rate5.130%6.855%7.560%
1st payment$824.00$824.00$1,576.51
2nd payment$0.00$919.77$0.00
Taxes / mo$574.50$574.50$574.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,548.50$2,468.27$2,346.91
Cash to close$163,466$25,500$25,500