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$122,012$122,012$225,000
Remaining term (yrs)22.822.830.0
Secondary amount$0$102,988$0
Funding fee$610$610$0
Note rate3.750%3.750%7.320%
Blended rate3.750%5.695%7.560%
1st payment$660.44$660.44$1,545.59
2nd payment$0.00$686.59$0.00
Taxes / mo$117.92$117.92$117.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$928.35$1,614.94$1,858.51
Cash to close$127,988$25,000$25,000