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$46,301$46,301$142,875
Remaining term (yrs)8.88.830.0
Secondary amount$0$96,574$0
Funding fee$232$232$0
Note rate5.620%5.620%7.400%
Blended rate5.620%7.905%7.640%
1st payment$551.15$551.15$989.24
2nd payment$0.00$724.31$0.00
Taxes / mo$220.50$220.50$220.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$28.58
HOA / mo$0.00$0.00$0.00
Total monthly$921.65$1,645.95$1,388.31
Cash to close$112,449$15,875$15,875