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$146,509$146,509$175,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$28,991$0
Funding fee$733$733$0
Note rate5.250%5.250%7.400%
Blended rate5.250%5.869%7.640%
1st payment$864.30$864.30$1,215.13
2nd payment$0.00$217.43$0.00
Taxes / mo$162.50$162.50$162.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,176.80$1,394.23$1,562.73
Cash to close$48,491$19,500$19,500