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$117,737$117,737$193,500
Remaining term (yrs)20.920.930.0
Secondary amount$0$75,763$0
Funding fee$589$589$0
Note rate3.900%3.900%7.400%
Blended rate3.900%5.897%7.640%
1st payment$683.33$683.33$1,339.75
2nd payment$0.00$568.22$0.00
Taxes / mo$162.83$162.83$162.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$38.70
HOA / mo$305.00$305.00$305.00
Total monthly$1,301.16$1,869.39$1,996.29
Cash to close$97,263$21,500$21,500