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$84,947$84,947$225,000
Remaining term (yrs)19.419.430.0
Secondary amount$0$140,053$0
Funding fee$425$425$0
Note rate3.620%3.620%7.400%
Blended rate3.620%6.346%7.640%
1st payment$505.14$505.14$1,557.85
2nd payment$0.00$933.69$0.00
Taxes / mo$118.25$118.25$118.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.00
HOA / mo$60.00$60.00$60.00
Total monthly$833.39$1,767.08$1,931.10
Cash to close$165,053$25,000$25,000