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$126,537$126,537$188,100
Remaining term (yrs)21.621.630.0
Secondary amount$0$61,563$0
Funding fee$633$633$0
Note rate4.550%4.550%7.400%
Blended rate4.550%6.006%7.640%
1st payment$764.49$764.49$1,302.37
2nd payment$0.00$461.72$0.00
Taxes / mo$138.75$138.75$138.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$37.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,053.24$1,514.97$1,628.74
Cash to close$82,463$20,900$20,900