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$35,983$35,983$121,500
Remaining term (yrs)15.815.830.0
Secondary amount$0$85,517$0
Funding fee$180$180$0
Note rate3.780%3.780%7.400%
Blended rate3.780%7.454%7.640%
1st payment$251.00$251.00$841.24
2nd payment$0.00$641.38$0.00
Taxes / mo$112.50$112.50$112.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$24.30
HOA / mo$0.00$0.00$0.00
Total monthly$513.50$1,154.88$1,128.04
Cash to close$99,017$13,500$13,500