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$78,158$78,158$159,300
Remaining term (yrs)20.220.230.0
Secondary amount$0$81,142$0
Funding fee$391$391$0
Note rate4.030%4.030%7.320%
Blended rate4.030%6.562%7.560%
1st payment$469.79$469.79$1,094.28
2nd payment$0.00$608.57$0.00
Taxes / mo$127.40$127.40$127.40
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$31.86
HOA / mo$60.00$60.00$60.00
Total monthly$807.19$1,415.76$1,463.54
Cash to close$98,842$17,700$17,700