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$100,222$100,222$193,500
Remaining term (yrs)21.221.230.0
Secondary amount$0$93,278$0
Funding fee$501$501$0
Note rate3.920%3.920%7.400%
Blended rate3.920%6.369%7.640%
1st payment$578.35$578.35$1,339.75
2nd payment$0.00$699.58$0.00
Taxes / mo$82.00$82.00$82.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$38.70
HOA / mo$0.00$0.00$0.00
Total monthly$810.35$1,509.93$1,610.45
Cash to close$114,778$21,500$21,500