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$155,213$155,213$215,910
Remaining term (yrs)22.122.130.0
Secondary amount$0$60,697$0
Funding fee$776$776$0
Note rate4.850%4.850%7.320%
Blended rate4.850%6.017%7.560%
1st payment$951.40$951.40$1,483.15
2nd payment$0.00$455.23$0.00
Taxes / mo$181.67$181.67$181.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,283.06$1,738.29$1,858.00
Cash to close$84,687$23,990$23,990