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$85,555$85,555$198,450
Remaining term (yrs)16.516.530.0
Secondary amount$0$112,895$0
Funding fee$428$428$0
Note rate3.540%3.540%7.320%
Blended rate3.540%6.077%7.560%
1st payment$566.92$566.92$1,363.21
2nd payment$0.00$752.63$0.00
Taxes / mo$542.00$542.00$542.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.69
HOA / mo$0.00$0.00$0.00
Total monthly$1,258.92$2,011.55$2,094.90
Cash to close$134,945$22,050$22,050