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$165,032$165,032$251,910
Remaining term (yrs)21.421.430.0
Secondary amount$0$86,878$0
Funding fee$825$825$0
Note rate4.400%4.400%7.400%
Blended rate4.400%5.986%7.640%
1st payment$988.02$988.02$1,744.17
2nd payment$0.00$651.58$0.00
Taxes / mo$277.99$277.99$277.99
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,416.00$2,067.59$2,222.54
Cash to close$114,868$27,990$27,990