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$51,573$51,573$134,910
Remaining term (yrs)19.919.930.0
Secondary amount$0$83,337$0
Funding fee$258$258$0
Note rate3.440%3.440%7.400%
Blended rate3.440%6.875%7.640%
1st payment$296.66$296.66$934.09
2nd payment$0.00$625.02$0.00
Taxes / mo$62.24$62.24$62.24
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$26.98
HOA / mo$0.00$0.00$0.00
Total monthly$508.90$1,133.92$1,173.31
Cash to close$98,327$14,990$14,990