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$161,417$161,417$183,600
Remaining term (yrs)25.825.830.0
Secondary amount$0$32,383$0
Funding fee$807$807$0
Note rate4.400%4.400%7.400%
Blended rate4.400%5.649%7.640%
1st payment$870.87$870.87$1,271.21
2nd payment$0.00$320.45$0.00
Taxes / mo$170.00$170.00$170.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$36.72
HOA / mo$0.00$0.00$0.00
Total monthly$1,190.87$1,511.33$1,627.93
Cash to close$42,583$10,200$20,400