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$90,061$90,061$179,100
Remaining term (yrs)22.422.430.0
Secondary amount$0$89,039$0
Funding fee$450$450$0
Note rate4.460%4.460%7.400%
Blended rate4.460%6.717%7.640%
1st payment$529.02$529.02$1,240.05
2nd payment$0.00$667.80$0.00
Taxes / mo$165.83$165.83$165.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.82
HOA / mo$0.00$0.00$0.00
Total monthly$844.86$1,512.65$1,591.71
Cash to close$108,939$19,900$19,900