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$71,355$71,355$173,250
Remaining term (yrs)18.018.030.0
Secondary amount$0$101,895$0
Funding fee$357$357$0
Note rate4.100%4.100%7.320%
Blended rate4.100%6.394%7.560%
1st payment$464.75$464.75$1,190.11
2nd payment$0.00$679.30$0.00
Taxes / mo$311.25$311.25$311.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$34.65
HOA / mo$0.00$0.00$0.00
Total monthly$926.00$1,605.29$1,686.01
Cash to close$121,145$19,250$19,250