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$80,544$80,544$215,910
Remaining term (yrs)13.013.030.0
Secondary amount$0$135,366$0
Funding fee$403$403$0
Note rate4.870%4.870%7.400%
Blended rate4.870%6.832%7.640%
1st payment$691.55$691.55$1,494.92
2nd payment$0.00$902.44$0.00
Taxes / mo$199.92$199.92$199.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,041.47$1,943.91$1,888.02
Cash to close$159,356$23,990$23,990