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$95,638$95,638$229,410
Remaining term (yrs)17.717.730.0
Secondary amount$0$133,772$0
Funding fee$478$478$0
Note rate4.200%4.200%7.320%
Blended rate4.200%6.416%7.560%
1st payment$635.72$635.72$1,575.89
2nd payment$0.00$891.81$0.00
Taxes / mo$94.67$94.67$94.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.88
HOA / mo$0.00$0.00$0.00
Total monthly$880.39$1,772.20$1,866.44
Cash to close$159,262$25,490$25,490