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$123,758$123,758$233,910
Remaining term (yrs)14.614.630.0
Secondary amount$0$110,152$0
Funding fee$619$619$0
Note rate6.500%6.500%7.400%
Blended rate6.500%7.206%7.640%
1st payment$1,088.88$1,088.88$1,619.55
2nd payment$0.00$734.35$0.00
Taxes / mo$42.75$42.75$42.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,281.63$2,015.98$1,859.08
Cash to close$136,142$25,990$25,990