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$173,471$173,471$238,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$65,029$0
Funding fee$867$867$0
Note rate5.520%5.520%7.400%
Blended rate5.520%6.469%7.640%
1st payment$1,049.89$1,049.89$1,651.33
2nd payment$0.00$487.72$0.00
Taxes / mo$163.25$163.25$163.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.70
HOA / mo$80.00$80.00$80.00
Total monthly$1,443.14$1,930.86$2,092.28
Cash to close$91,529$26,500$26,500