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$72,510$72,510$166,500
Remaining term (yrs)18.618.630.0
Secondary amount$0$93,990$0
Funding fee$363$363$0
Note rate3.710%3.710%7.400%
Blended rate3.710%6.696%7.640%
1st payment$447.72$447.72$1,152.81
2nd payment$0.00$704.93$0.00
Taxes / mo$154.17$154.17$154.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$751.89$1,456.82$1,490.28
Cash to close$112,490$18,500$18,500