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$89,746$89,746$206,100
Remaining term (yrs)21.321.330.0
Secondary amount$0$116,354$0
Funding fee$449$449$0
Note rate3.940%3.940%7.400%
Blended rate3.940%6.232%7.640%
1st payment$517.56$517.56$1,426.99
2nd payment$0.00$775.69$0.00
Taxes / mo$190.83$190.83$190.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.22
HOA / mo$0.00$0.00$0.00
Total monthly$858.39$1,634.08$1,809.05
Cash to close$139,254$22,900$22,900