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$83,484$83,484$179,910
Remaining term (yrs)18.118.130.0
Secondary amount$0$96,426$0
Funding fee$417$417$0
Note rate3.920%3.920%7.400%
Blended rate3.920%6.643%7.640%
1st payment$534.28$534.28$1,245.66
2nd payment$0.00$723.19$0.00
Taxes / mo$246.08$246.08$246.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.98
HOA / mo$0.00$0.00$0.00
Total monthly$930.36$1,653.56$1,677.73
Cash to close$116,416$19,990$19,990