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$142,953$142,953$219,510
Remaining term (yrs)27.727.730.0
Secondary amount$0$76,557$0
Funding fee$715$715$0
Note rate7.030%7.030%7.320%
Blended rate7.030%7.717%7.560%
1st payment$976.22$976.22$1,507.88
2nd payment$0.00$574.18$0.00
Taxes / mo$279.25$279.25$279.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.90
HOA / mo$44.00$44.00$44.00
Total monthly$1,449.47$2,023.65$2,025.03
Cash to close$100,947$24,390$24,390