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$91,514$91,514$224,100
Remaining term (yrs)13.813.830.0
Secondary amount$0$132,586$0
Funding fee$458$458$0
Note rate4.720%4.720%7.400%
Blended rate4.720%6.661%7.640%
1st payment$748.57$748.57$1,551.62
2nd payment$0.00$883.90$0.00
Taxes / mo$207.50$207.50$207.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,106.07$1,989.98$1,953.94
Cash to close$157,486$24,900$24,900