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$175,054$175,054$197,910
Remaining term (yrs)26.226.230.0
Secondary amount$0$33,851$0
Funding fee$875$875$0
Note rate6.950%6.950%7.320%
Blended rate6.950%7.748%7.560%
1st payment$1,208.75$1,208.75$1,359.50
2nd payment$0.00$334.98$0.00
Taxes / mo$183.25$183.25$183.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,542.00$1,876.98$1,732.34
Cash to close$44,846$10,995$21,990