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$47,496$47,496$126,000
Remaining term (yrs)11.111.130.0
Secondary amount$0$78,504$0
Funding fee$237$237$0
Note rate6.660%6.660%7.400%
Blended rate6.660%8.118%7.640%
1st payment$500.86$500.86$872.40
2nd payment$0.00$588.78$0.00
Taxes / mo$54.25$54.25$54.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$25.20
HOA / mo$0.00$0.00$0.00
Total monthly$705.11$1,293.89$1,101.85
Cash to close$92,504$14,000$14,000