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$87,859$87,859$153,000
Remaining term (yrs)15.715.730.0
Secondary amount$0$65,141$0
Funding fee$439$439$0
Note rate3.840%3.840%7.400%
Blended rate3.840%6.037%7.640%
1st payment$617.87$617.87$1,059.34
2nd payment$0.00$488.56$0.00
Taxes / mo$141.67$141.67$141.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$30.60
HOA / mo$297.00$297.00$297.00
Total monthly$1,206.53$1,695.09$1,678.61
Cash to close$82,141$17,000$17,000