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$71,647$71,647$217,710
Remaining term (yrs)10.110.130.0
Secondary amount$0$146,063$0
Funding fee$358$358$0
Note rate6.430%6.430%7.400%
Blended rate6.430%7.483%7.640%
1st payment$796.89$796.89$1,507.38
2nd payment$0.00$973.75$0.00
Taxes / mo$66.75$66.75$66.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.54
HOA / mo$0.00$0.00$0.00
Total monthly$1,013.64$1,987.39$1,767.67
Cash to close$170,253$24,190$24,190