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$114,988$114,988$162,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$47,012$0
Funding fee$575$575$0
Note rate3.920%3.920%7.320%
Blended rate3.920%5.394%7.560%
1st payment$594.94$594.94$1,112.83
2nd payment$0.00$352.59$0.00
Taxes / mo$150.00$150.00$150.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$32.40
HOA / mo$0.00$0.00$0.00
Total monthly$894.94$1,247.53$1,445.23
Cash to close$65,012$18,000$18,000