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$154,967$154,967$206,910
Remaining term (yrs)22.122.130.0
Secondary amount$0$51,943$0
Funding fee$775$775$0
Note rate4.900%4.900%7.320%
Blended rate4.900%5.929%7.560%
1st payment$954.25$954.25$1,421.33
2nd payment$0.00$389.58$0.00
Taxes / mo$731.67$731.67$731.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,835.91$2,225.49$2,344.38
Cash to close$74,933$22,990$22,990