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$71,872$71,872$198,000
Remaining term (yrs)16.216.230.0
Secondary amount$0$126,128$0
Funding fee$359$359$0
Note rate3.450%3.450%7.320%
Blended rate3.450%6.348%7.560%
1st payment$480.17$480.17$1,360.12
2nd payment$0.00$840.85$0.00
Taxes / mo$183.33$183.33$183.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.60
HOA / mo$0.00$0.00$0.00
Total monthly$813.51$1,654.36$1,733.06
Cash to close$148,128$22,000$22,000