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$96,669$96,669$179,550
Remaining term (yrs)20.420.430.0
Secondary amount$0$82,881$0
Funding fee$483$483$0
Note rate4.190%4.190%7.400%
Blended rate4.190%6.410%7.640%
1st payment$586.25$586.25$1,243.17
2nd payment$0.00$621.60$0.00
Taxes / mo$323.33$323.33$323.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.91
HOA / mo$330.00$330.00$330.00
Total monthly$1,389.58$2,011.19$2,082.41
Cash to close$102,831$19,950$19,950