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$53,720$53,720$202,500
Remaining term (yrs)15.715.730.0
Secondary amount$0$148,780$0
Funding fee$269$269$0
Note rate3.910%3.910%7.320%
Blended rate3.910%6.915%7.560%
1st payment$379.68$379.68$1,391.03
2nd payment$0.00$991.86$0.00
Taxes / mo$44.00$44.00$44.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$573.68$1,565.54$1,625.53
Cash to close$171,280$22,500$22,500