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$154,582$154,582$220,410
Remaining term (yrs)22.722.730.0
Secondary amount$0$65,828$0
Funding fee$773$773$0
Note rate4.100%4.100%7.320%
Blended rate4.100%5.563%7.560%
1st payment$869.76$869.76$1,514.06
2nd payment$0.00$493.71$0.00
Taxes / mo$160.08$160.08$160.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.08
HOA / mo$217.00$217.00$217.00
Total monthly$1,396.84$1,890.55$2,085.23
Cash to close$90,318$24,490$24,490