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$117,771$117,771$188,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$71,139$0
Funding fee$589$589$0
Note rate5.660%5.660%7.400%
Blended rate5.660%6.918%7.640%
1st payment$720.73$720.73$1,307.97
2nd payment$0.00$533.54$0.00
Taxes / mo$187.33$187.33$187.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$37.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,058.06$1,591.61$1,683.09
Cash to close$92,129$20,990$20,990