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$92,650$92,650$215,100
Remaining term (yrs)22.722.730.0
Secondary amount$0$122,450$0
Funding fee$463$463$0
Note rate4.070%4.070%7.400%
Blended rate4.070%6.307%7.640%
1st payment$519.78$519.78$1,489.31
2nd payment$0.00$816.33$0.00
Taxes / mo$199.17$199.17$199.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.02
HOA / mo$340.00$340.00$340.00
Total monthly$1,208.95$2,025.28$2,221.50
Cash to close$146,350$23,900$23,900