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$100,021$100,021$206,910
Remaining term (yrs)20.820.830.0
Secondary amount$0$106,889$0
Funding fee$500$500$0
Note rate4.590%4.590%7.320%
Blended rate4.590%6.352%7.560%
1st payment$619.17$619.17$1,421.33
2nd payment$0.00$712.59$0.00
Taxes / mo$131.00$131.00$131.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.38
HOA / mo$0.00$0.00$0.00
Total monthly$900.17$1,612.76$1,743.71
Cash to close$129,879$22,990$22,990