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$120,646$120,646$197,910
Remaining term (yrs)11.211.230.0
Secondary amount$0$77,264$0
Funding fee$603$603$0
Note rate6.380%6.380%7.320%
Blended rate6.380%7.403%7.560%
1st payment$1,248.39$1,248.39$1,359.50
2nd payment$0.00$579.48$0.00
Taxes / mo$14.25$14.25$14.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.58
HOA / mo$108.00$108.00$108.00
Total monthly$1,520.64$2,100.12$1,671.34
Cash to close$99,254$21,990$21,990