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$80,111$80,111$224,100
Remaining term (yrs)10.510.530.0
Secondary amount$0$143,989$0
Funding fee$401$401$0
Note rate6.160%6.160%7.400%
Blended rate6.160%7.342%7.640%
1st payment$855.39$855.39$1,551.62
2nd payment$0.00$959.93$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$1,212.89$2,172.82$1,953.94
Cash to close$168,889$24,900$24,900