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$92,618$92,618$135,000
Remaining term (yrs)19.119.130.0
Secondary amount$0$42,382$0
Funding fee$463$463$0
Note rate3.890%3.890%7.400%
Blended rate3.890%5.494%7.640%
1st payment$570.25$570.25$934.71
2nd payment$0.00$317.86$0.00
Taxes / mo$79.42$79.42$79.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$27.00
HOA / mo$0.00$0.00$0.00
Total monthly$799.66$1,117.53$1,191.13
Cash to close$57,382$15,000$15,000