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$145,796$145,796$179,910
Remaining term (yrs)29.429.430.0
Secondary amount$0$34,114$0
Funding fee$729$729$0
Note rate6.090%6.090%7.400%
Blended rate6.090%6.642%7.640%
1st payment$886.96$886.96$1,245.66
2nd payment$0.00$255.86$0.00
Taxes / mo$47.42$47.42$47.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,084.37$1,340.23$1,479.06
Cash to close$54,104$19,990$19,990