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$95,499$95,499$195,300
Remaining term (yrs)22.622.630.0
Secondary amount$0$99,801$0
Funding fee$477$477$0
Note rate4.140%4.140%7.320%
Blended rate4.140%6.624%7.560%
1st payment$540.59$540.59$1,341.58
2nd payment$0.00$748.51$0.00
Taxes / mo$180.83$180.83$180.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.06
HOA / mo$0.00$0.00$0.00
Total monthly$871.43$1,619.94$1,711.47
Cash to close$121,501$21,700$21,700