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$18,297$18,297$188,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$169,803$0
Funding fee$91$91$0
Note rate6.390%6.390%7.400%
Blended rate6.390%7.843%7.640%
1st payment$119.22$119.22$1,302.37
2nd payment$0.00$1,132.02$0.00
Taxes / mo$174.17$174.17$174.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$37.62
HOA / mo$0.00$0.00$0.00
Total monthly$443.39$1,575.41$1,664.15
Cash to close$190,703$20,900$20,900