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$161,855$161,855$314,100
Remaining term (yrs)26.926.930.0
Secondary amount$0$152,245$0
Funding fee$809$809$0
Note rate7.230%7.230%7.400%
Blended rate7.230%7.603%7.640%
1st payment$1,136.51$1,136.51$2,174.76
2nd payment$0.00$1,014.97$0.00
Taxes / mo$132.67$132.67$132.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,419.18$2,434.14$2,520.25
Cash to close$187,145$34,900$34,900