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$76,101$76,101$215,100
Remaining term (yrs)20.520.530.0
Secondary amount$0$138,999$0
Funding fee$381$381$0
Note rate4.200%4.200%7.400%
Blended rate4.200%6.656%7.640%
1st payment$459.57$459.57$1,489.31
2nd payment$0.00$926.66$0.00
Taxes / mo$89.83$89.83$89.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.02
HOA / mo$33.33$33.33$33.33
Total monthly$732.73$1,659.39$1,805.49
Cash to close$162,899$23,900$23,900