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$4,332$4,332$142,110
Remaining term (yrs)24.624.630.0
Secondary amount$0$137,778$0
Funding fee$22$22$0
Note rate5.550%5.550%7.400%
Blended rate5.550%7.925%7.640%
1st payment$26.86$26.86$983.94
2nd payment$0.00$918.52$0.00
Taxes / mo$214.08$214.08$214.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$28.42
HOA / mo$0.00$0.00$0.00
Total monthly$390.94$1,309.46$1,376.45
Cash to close$153,568$15,790$15,790