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$97,946$97,946$175,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$77,554$0
Funding fee$490$490$0
Note rate4.670%4.670%7.400%
Blended rate4.670%6.583%7.640%
1st payment$546.34$546.34$1,215.13
2nd payment$0.00$581.65$0.00
Taxes / mo$67.67$67.67$67.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.10
HOA / mo$0.00$0.00$0.00
Total monthly$764.00$1,345.66$1,467.89
Cash to close$97,054$19,500$19,500