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$181,567$181,567$236,700
Remaining term (yrs)26.026.030.0
Secondary amount$0$55,133$0
Funding fee$908$908$0
Note rate6.110%6.110%7.400%
Blended rate6.110%6.783%7.640%
1st payment$1,159.90$1,159.90$1,638.86
2nd payment$0.00$413.50$0.00
Taxes / mo$367.17$367.17$367.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.34
HOA / mo$148.00$148.00$148.00
Total monthly$1,825.06$2,238.56$2,351.37
Cash to close$81,433$26,300$26,300