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$82,006$82,006$115,110
Remaining term (yrs)25.625.630.0
Secondary amount$0$33,104$0
Funding fee$410$410$0
Note rate5.000%5.000%7.320%
Blended rate5.000%6.150%7.560%
1st payment$472.40$472.40$790.73
2nd payment$0.00$248.28$0.00
Taxes / mo$218.75$218.75$218.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$23.02
HOA / mo$0.00$0.00$0.00
Total monthly$841.15$1,089.44$1,182.50
Cash to close$45,894$12,790$12,790