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$72,642$72,642$161,910
Remaining term (yrs)22.022.030.0
Secondary amount$0$89,268$0
Funding fee$363$363$0
Note rate4.630%4.630%7.400%
Blended rate4.630%7.039%7.640%
1st payment$437.27$437.27$1,121.03
2nd payment$0.00$669.51$0.00
Taxes / mo$81.00$81.00$81.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$32.38
HOA / mo$200.00$200.00$200.00
Total monthly$868.27$1,537.78$1,584.41
Cash to close$107,258$17,990$17,990