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$91,823$91,823$206,100
Remaining term (yrs)13.313.330.0
Secondary amount$0$114,277$0
Funding fee$459$459$0
Note rate4.880%4.880%7.320%
Blended rate4.880%6.610%7.560%
1st payment$778.38$778.38$1,415.76
2nd payment$0.00$761.85$0.00
Taxes / mo$650.00$650.00$650.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,578.38$2,340.23$2,256.98
Cash to close$137,177$22,900$22,900