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$102,713$102,713$225,000
Remaining term (yrs)18.318.330.0
Secondary amount$0$122,287$0
Funding fee$514$514$0
Note rate3.860%3.860%7.400%
Blended rate3.860%6.110%7.640%
1st payment$650.09$650.09$1,557.85
2nd payment$0.00$815.24$0.00
Taxes / mo$208.33$208.33$208.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.00
HOA / mo$66.67$66.67$66.67
Total monthly$1,075.09$1,890.34$2,027.86
Cash to close$147,287$25,000$25,000