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$99,632$99,632$161,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$61,468$0
Funding fee$498$498$0
Note rate3.260%3.260%7.320%
Blended rate3.260%5.450%7.560%
1st payment$501.50$501.50$1,106.65
2nd payment$0.00$461.01$0.00
Taxes / mo$149.17$149.17$149.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$32.22
HOA / mo$0.00$0.00$0.00
Total monthly$800.66$1,261.67$1,438.03
Cash to close$79,368$17,900$17,900