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$47,871$47,871$90,000
Remaining term (yrs)17.717.730.0
Secondary amount$0$42,129$0
Funding fee$239$239$0
Note rate4.340%4.340%7.400%
Blended rate4.340%6.521%7.640%
1st payment$321.70$321.70$623.14
2nd payment$0.00$315.97$0.00
Taxes / mo$197.25$197.25$197.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$18.00
HOA / mo$0.00$0.00$0.00
Total monthly$668.95$984.92$988.39
Cash to close$52,129$10,000$10,000