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$170,588$170,588$305,910
Remaining term (yrs)20.620.630.0
Secondary amount$0$135,322$0
Funding fee$853$853$0
Note rate4.200%4.200%7.400%
Blended rate4.200%5.881%7.640%
1st payment$1,027.57$1,027.57$2,118.06
2nd payment$0.00$902.14$0.00
Taxes / mo$282.00$282.00$282.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,459.57$2,361.72$2,611.24
Cash to close$169,312$33,990$33,990