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$109,037$109,037$198,000
Remaining term (yrs)22.422.430.0
Secondary amount$0$88,963$0
Funding fee$545$545$0
Note rate4.310%4.310%7.320%
Blended rate4.310%6.417%7.560%
1st payment$630.10$630.10$1,360.12
2nd payment$0.00$667.22$0.00
Taxes / mo$114.08$114.08$114.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.60
HOA / mo$0.00$0.00$0.00
Total monthly$894.19$1,561.41$1,663.81
Cash to close$110,963$22,000$22,000