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$85,151$85,151$225,900
Remaining term (yrs)14.914.930.0
Secondary amount$0$140,749$0
Funding fee$426$426$0
Note rate4.220%4.220%7.400%
Blended rate4.220%6.575%7.640%
1st payment$636.75$636.75$1,564.09
2nd payment$0.00$938.32$0.00
Taxes / mo$209.17$209.17$209.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.18
HOA / mo$0.00$0.00$0.00
Total monthly$995.92$1,934.24$1,968.43
Cash to close$165,849$25,100$25,100