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$116,756$116,756$202,500
Remaining term (yrs)0.60.630.0
Secondary amount$0$85,744$0
Funding fee$584$584$0
Note rate6.500%6.500%7.400%
Blended rate6.500%7.559%7.640%
1st payment$13,326.76$13,326.76$1,402.07
2nd payment$0.00$643.08$0.00
Taxes / mo$248.25$248.25$248.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$13,725.01$14,368.09$1,840.82
Cash to close$108,244$22,500$22,500