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$91,222$91,222$207,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$115,778$0
Funding fee$456$456$0
Note rate3.020%3.020%7.400%
Blended rate3.020%5.805%7.640%
1st payment$445.66$445.66$1,433.23
2nd payment$0.00$771.86$0.00
Taxes / mo$17.75$17.75$17.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.40
HOA / mo$0.00$0.00$0.00
Total monthly$613.41$1,385.26$1,642.38
Cash to close$138,778$23,000$23,000