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$152,092$152,092$170,910
Remaining term (yrs)29.329.330.0
Secondary amount$0$28,313$0
Funding fee$760$760$0
Note rate6.100%6.100%7.320%
Blended rate6.100%7.006%7.560%
1st payment$927.17$927.17$1,174.03
2nd payment$0.00$280.18$0.00
Taxes / mo$194.17$194.17$194.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$34.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,271.34$1,551.52$1,552.38
Cash to close$37,808$9,495$18,990