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$93,070$93,070$128,250
Remaining term (yrs)25.825.830.0
Secondary amount$0$35,180$0
Funding fee$465$465$0
Note rate5.780%5.780%7.400%
Blended rate5.780%6.663%7.640%
1st payment$577.98$577.98$887.98
2nd payment$0.00$263.85$0.00
Taxes / mo$90.42$90.42$90.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$25.65
HOA / mo$0.00$0.00$0.00
Total monthly$818.40$1,082.24$1,154.04
Cash to close$49,430$14,250$14,250