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$82,876$82,876$224,910
Remaining term (yrs)18.118.130.0
Secondary amount$0$142,034$0
Funding fee$414$414$0
Note rate4.160%4.160%7.400%
Blended rate4.160%6.585%7.640%
1st payment$540.71$540.71$1,557.23
2nd payment$0.00$946.90$0.00
Taxes / mo$197.33$197.33$197.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$888.04$1,834.94$1,949.55
Cash to close$167,024$24,990$24,990