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$96,619$96,619$216,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$119,381$0
Funding fee$483$483$0
Note rate2.960%2.960%7.400%
Blended rate2.960%5.746%7.640%
1st payment$457.20$457.20$1,495.54
2nd payment$0.00$795.87$0.00
Taxes / mo$50.83$50.83$50.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.20
HOA / mo$0.00$0.00$0.00
Total monthly$658.03$1,453.91$1,739.57
Cash to close$143,381$24,000$24,000