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$162,597$162,597$296,100
Remaining term (yrs)17.217.230.0
Secondary amount$0$133,503$0
Funding fee$813$813$0
Note rate4.260%4.260%7.320%
Blended rate4.260%5.946%7.560%
1st payment$1,106.85$1,106.85$2,034.00
2nd payment$0.00$890.02$0.00
Taxes / mo$221.64$221.64$221.64
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,478.49$2,368.51$2,464.86
Cash to close$166,403$32,900$32,900