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$107,802$107,802$206,100
Remaining term (yrs)22.022.030.0
Secondary amount$0$98,298$0
Funding fee$539$539$0
Note rate4.710%4.710%7.400%
Blended rate4.710%6.756%7.640%
1st payment$653.72$653.72$1,426.99
2nd payment$0.00$737.23$0.00
Taxes / mo$97.42$97.42$97.42
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$901.14$1,638.37$1,715.63
Cash to close$121,198$22,900$22,900