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$126,475$126,475$260,550
Remaining term (yrs)16.616.630.0
Secondary amount$0$134,075$0
Funding fee$632$632$0
Note rate5.000%5.000%7.320%
Blended rate5.000%6.544%7.560%
1st payment$930.31$930.31$1,789.80
2nd payment$0.00$893.83$0.00
Taxes / mo$546.00$546.00$546.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.11
HOA / mo$0.00$0.00$0.00
Total monthly$1,626.31$2,520.14$2,537.91
Cash to close$163,025$28,950$28,950