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$96,849$96,849$184,500
Remaining term (yrs)15.615.630.0
Secondary amount$0$87,651$0
Funding fee$484$484$0
Note rate3.910%3.910%7.400%
Blended rate3.910%6.328%7.640%
1st payment$687.11$687.11$1,277.44
2nd payment$0.00$657.38$0.00
Taxes / mo$42.17$42.17$42.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$36.90
HOA / mo$248.00$248.00$248.00
Total monthly$1,127.28$1,784.66$1,754.51
Cash to close$108,151$20,500$20,500