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$107,743$107,743$155,250
Remaining term (yrs)21.421.430.0
Secondary amount$0$47,507$0
Funding fee$539$539$0
Note rate4.150%4.150%7.400%
Blended rate4.150%5.634%7.640%
1st payment$631.93$631.93$1,074.92
2nd payment$0.00$356.30$0.00
Taxes / mo$256.42$256.42$256.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$31.05
HOA / mo$0.00$0.00$0.00
Total monthly$1,038.35$1,394.65$1,512.39
Cash to close$64,757$17,250$17,250