Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$199,946$199,946$242,999
Remaining term (yrs)12.912.930.0
Secondary amount$0$43,053$0
Funding fee$1,000$1,000$0
Note rate5.470%5.470%7.400%
Blended rate5.470%6.095%7.640%
1st payment$1,785.93$1,785.93$1,682.48
2nd payment$0.00$322.90$0.00
Taxes / mo$67.50$67.50$67.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,003.43$2,326.33$1,948.58
Cash to close$70,053$27,000$27,000