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$98,907$98,907$242,910
Remaining term (yrs)15.115.130.0
Secondary amount$0$144,003$0
Funding fee$495$495$0
Note rate4.110%4.110%7.400%
Blended rate4.110%6.416%7.640%
1st payment$728.33$728.33$1,681.86
2nd payment$0.00$960.02$0.00
Taxes / mo$224.92$224.92$224.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,103.25$2,063.26$2,105.36
Cash to close$170,993$26,990$26,990