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$25,550$25,550$89,910
Remaining term (yrs)9.99.930.0
Secondary amount$0$64,360$0
Funding fee$128$128$0
Note rate6.520%6.520%7.400%
Blended rate6.520%8.295%7.640%
1st payment$290.37$290.37$622.52
2nd payment$0.00$482.70$0.00
Taxes / mo$83.25$83.25$83.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$17.98
HOA / mo$0.00$0.00$0.00
Total monthly$523.62$1,006.33$873.75
Cash to close$74,350$9,990$9,990