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$71,169$71,169$193,500
Remaining term (yrs)21.521.530.0
Secondary amount$0$122,331$0
Funding fee$356$356$0
Note rate4.440%4.440%7.400%
Blended rate4.440%6.691%7.640%
1st payment$426.65$426.65$1,339.75
2nd payment$0.00$815.54$0.00
Taxes / mo$179.17$179.17$179.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$38.70
HOA / mo$0.00$0.00$0.00
Total monthly$755.82$1,571.36$1,707.62
Cash to close$143,831$21,500$21,500