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$93,598$93,598$207,000
Remaining term (yrs)20.420.430.0
Secondary amount$0$113,402$0
Funding fee$468$468$0
Note rate4.190%4.190%7.400%
Blended rate4.190%6.277%7.640%
1st payment$567.62$567.62$1,433.23
2nd payment$0.00$756.02$0.00
Taxes / mo$90.92$90.92$90.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.40
HOA / mo$0.00$0.00$0.00
Total monthly$808.54$1,564.55$1,715.54
Cash to close$136,402$23,000$23,000