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$127,260$127,260$154,800
Remaining term (yrs)26.126.130.0
Secondary amount$0$27,540$0
Funding fee$636$636$0
Note rate6.610%6.610%7.320%
Blended rate6.610%7.035%7.560%
1st payment$851.98$851.98$1,063.37
2nd payment$0.00$206.55$0.00
Taxes / mo$143.33$143.33$143.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$30.96
HOA / mo$0.00$0.00$0.00
Total monthly$1,145.31$1,351.86$1,387.66
Cash to close$44,740$17,200$17,200