Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$66,154$66,154$148,500
Remaining term (yrs)0.60.630.0
Secondary amount$0$82,346$0
Funding fee$331$331$0
Note rate6.500%6.500%7.320%
Blended rate6.500%7.886%7.560%
1st payment$7,550.94$7,550.94$1,020.09
2nd payment$0.00$617.60$0.00
Taxes / mo$137.50$137.50$137.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$29.70
HOA / mo$0.00$0.00$0.00
Total monthly$7,838.44$8,456.03$1,337.29
Cash to close$98,846$16,500$16,500