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$120,139$120,139$197,946
Remaining term (yrs)27.527.530.0
Secondary amount$0$77,807$0
Funding fee$601$601$0
Note rate6.900%6.900%7.320%
Blended rate6.900%7.725%7.560%
1st payment$811.79$811.79$1,359.75
2nd payment$0.00$583.55$0.00
Taxes / mo$168.83$168.83$168.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.59
HOA / mo$0.00$0.00$0.00
Total monthly$1,130.62$1,714.17$1,718.17
Cash to close$99,801$21,994$21,994