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$97,089$97,089$189,000
Remaining term (yrs)16.616.630.0
Secondary amount$0$91,911$0
Funding fee$485$485$0
Note rate3.400%3.400%7.400%
Blended rate3.400%6.123%7.640%
1st payment$634.22$634.22$1,308.60
2nd payment$0.00$689.33$0.00
Taxes / mo$564.50$564.50$564.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$37.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,348.72$2,038.06$2,060.90
Cash to close$112,911$21,000$21,000