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$146,487$146,487$224,100
Remaining term (yrs)22.022.030.0
Secondary amount$0$77,613$0
Funding fee$732$732$0
Note rate4.900%4.900%7.320%
Blended rate4.900%6.320%7.560%
1st payment$903.91$903.91$1,539.41
2nd payment$0.00$582.10$0.00
Taxes / mo$177.92$177.92$177.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.82
HOA / mo$125.00$125.00$125.00
Total monthly$1,356.82$1,938.92$2,037.15
Cash to close$102,513$24,900$24,900