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$101,990$101,990$161,100
Remaining term (yrs)18.618.630.0
Secondary amount$0$59,110$0
Funding fee$510$510$0
Note rate3.660%3.660%7.400%
Blended rate3.660%5.619%7.640%
1st payment$627.14$627.14$1,115.42
2nd payment$0.00$443.32$0.00
Taxes / mo$126.08$126.08$126.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$32.22
HOA / mo$0.00$0.00$0.00
Total monthly$903.22$1,346.55$1,423.73
Cash to close$77,010$17,900$17,900