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$148,392$148,392$247,500
Remaining term (yrs)28.928.930.0
Secondary amount$0$99,108$0
Funding fee$742$742$0
Note rate6.720%6.720%7.400%
Blended rate6.720%7.633%7.640%
1st payment$969.91$969.91$1,713.64
2nd payment$0.00$743.31$0.00
Taxes / mo$71.92$71.92$71.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.50
HOA / mo$175.00$175.00$175.00
Total monthly$1,366.82$2,110.13$2,160.06
Cash to close$126,608$27,500$27,500