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$42,204$42,204$134,910
Remaining term (yrs)12.412.430.0
Secondary amount$0$92,706$0
Funding fee$211$211$0
Note rate5.190%5.190%7.320%
Blended rate5.190%7.808%7.560%
1st payment$383.01$383.01$926.74
2nd payment$0.00$695.30$0.00
Taxes / mo$34.83$34.83$34.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$26.98
HOA / mo$0.00$0.00$0.00
Total monthly$567.85$1,263.14$1,138.55
Cash to close$107,696$14,990$14,990