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$93,293$93,293$189,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$95,707$0
Funding fee$466$466$0
Note rate3.720%3.720%7.320%
Blended rate3.720%6.394%7.560%
1st payment$497.83$497.83$1,298.30
2nd payment$0.00$717.80$0.00
Taxes / mo$175.00$175.00$175.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$37.80
HOA / mo$0.00$0.00$0.00
Total monthly$822.83$1,540.63$1,661.10
Cash to close$116,707$21,000$21,000