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$96,513$96,513$175,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$78,987$0
Funding fee$483$483$0
Note rate3.450%3.450%7.240%
Blended rate3.450%5.948%7.480%
1st payment$498.85$498.85$1,196.03
2nd payment$0.00$592.40$0.00
Taxes / mo$162.50$162.50$162.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.10
HOA / mo$417.00$417.00$417.00
Total monthly$1,228.35$1,820.75$1,960.63
Cash to close$98,487$19,500$19,500