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$157,957$157,957$238,410
Remaining term (yrs)29.929.930.0
Secondary amount$0$80,453$0
Funding fee$790$790$0
Note rate6.500%6.500%7.400%
Blended rate6.500%7.344%7.640%
1st payment$999.30$999.30$1,650.70
2nd payment$0.00$603.40$0.00
Taxes / mo$220.75$220.75$220.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.68
HOA / mo$15.00$15.00$15.00
Total monthly$1,385.05$1,988.45$2,084.13
Cash to close$106,943$26,490$26,490