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$174,159$174,159$220,500
Remaining term (yrs)26.026.030.0
Secondary amount$0$46,341$0
Funding fee$871$871$0
Note rate5.220%5.220%7.320%
Blended rate5.220%6.014%7.560%
1st payment$1,018.14$1,018.14$1,514.68
2nd payment$0.00$347.56$0.00
Taxes / mo$482.00$482.00$482.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,650.14$1,997.70$2,190.78
Cash to close$70,841$24,500$24,500