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$77,139$77,139$225,000
Remaining term (yrs)16.916.930.0
Secondary amount$0$147,861$0
Funding fee$386$386$0
Note rate4.460%4.460%7.400%
Blended rate4.460%6.786%7.640%
1st payment$538.33$538.33$1,557.85
2nd payment$0.00$985.74$0.00
Taxes / mo$62.00$62.00$62.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$750.33$1,736.07$1,814.85
Cash to close$172,861$25,000$25,000