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$83,408$83,408$168,210
Remaining term (yrs)21.921.930.0
Secondary amount$0$84,802$0
Funding fee$417$417$0
Note rate4.550%4.550%7.320%
Blended rate4.550%6.793%7.560%
1st payment$499.47$499.47$1,155.49
2nd payment$0.00$636.02$0.00
Taxes / mo$68.75$68.75$68.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$33.64
HOA / mo$207.00$207.00$207.00
Total monthly$925.22$1,561.23$1,614.88
Cash to close$103,492$18,690$18,690