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$141,621$141,621$206,100
Remaining term (yrs)25.625.630.0
Secondary amount$0$64,479$0
Funding fee$708$708$0
Note rate4.980%4.980%7.320%
Blended rate4.980%6.238%7.560%
1st payment$814.17$814.17$1,415.76
2nd payment$0.00$483.59$0.00
Taxes / mo$87.42$87.42$87.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,051.58$1,535.17$1,694.40
Cash to close$87,379$22,900$22,900