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$149,608$149,608$179,910
Remaining term (yrs)27.327.330.0
Secondary amount$0$30,302$0
Funding fee$748$748$0
Note rate6.660%6.660%7.320%
Blended rate6.660%7.054%7.560%
1st payment$989.65$989.65$1,235.86
2nd payment$0.00$227.26$0.00
Taxes / mo$166.58$166.58$166.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,306.23$1,533.49$1,588.42
Cash to close$50,292$19,990$19,990