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$181,418$181,418$279,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$97,582$0
Funding fee$907$907$0
Note rate5.220%5.220%7.400%
Blended rate5.220%6.542%7.640%
1st payment$1,062.17$1,062.17$1,931.74
2nd payment$0.00$731.86$0.00
Taxes / mo$122.00$122.00$122.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.80
HOA / mo$4.17$4.17$4.17
Total monthly$1,338.34$2,070.20$2,263.71
Cash to close$128,582$31,000$31,000