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$165,241$165,241$189,000
Remaining term (yrs)28.128.130.0
Secondary amount$0$34,259$0
Funding fee$826$826$0
Note rate6.320%6.320%7.400%
Blended rate6.320%7.274%7.640%
1st payment$1,046.65$1,046.65$1,308.60
2nd payment$0.00$339.02$0.00
Taxes / mo$175.00$175.00$175.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$37.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,371.65$1,710.67$1,671.40
Cash to close$44,759$10,500$21,000