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$80,843$80,843$162,000
Remaining term (yrs)23.123.130.0
Secondary amount$0$81,157$0
Funding fee$404$404$0
Note rate3.690%3.690%7.400%
Blended rate3.690%6.350%7.640%
1st payment$432.03$432.03$1,121.66
2nd payment$0.00$608.68$0.00
Taxes / mo$71.33$71.33$71.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$32.40
HOA / mo$0.00$0.00$0.00
Total monthly$653.37$1,262.04$1,375.39
Cash to close$99,157$18,000$18,000