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$99,591$99,591$247,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$147,909$0
Funding fee$498$498$0
Note rate3.620%3.620%7.400%
Blended rate3.620%6.238%7.640%
1st payment$524.92$524.92$1,713.64
2nd payment$0.00$986.06$0.00
Taxes / mo$140.33$140.33$140.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$815.26$1,801.32$2,053.47
Cash to close$175,409$27,500$27,500