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$183,412$183,412$322,650
Remaining term (yrs)22.122.130.0
Secondary amount$0$139,238$0
Funding fee$917$917$0
Note rate4.860%4.860%7.320%
Blended rate4.860%6.215%7.560%
1st payment$1,125.28$1,125.28$2,216.38
2nd payment$0.00$928.25$0.00
Taxes / mo$304.58$304.58$304.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.53
HOA / mo$50.00$50.00$50.00
Total monthly$1,629.86$2,558.11$2,785.49
Cash to close$175,088$35,850$35,850