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$62,205$62,205$134,100
Remaining term (yrs)22.322.330.0
Secondary amount$0$71,895$0
Funding fee$311$311$0
Note rate4.510%4.510%7.400%
Blended rate4.510%6.917%7.640%
1st payment$367.91$367.91$928.48
2nd payment$0.00$539.21$0.00
Taxes / mo$15.83$15.83$15.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$26.82
HOA / mo$0.00$0.00$0.00
Total monthly$533.74$1,072.95$1,121.13
Cash to close$86,795$14,900$14,900