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$166,774$166,774$303,210
Remaining term (yrs)19.319.330.0
Secondary amount$0$136,436$0
Funding fee$834$834$0
Note rate4.040%4.040%7.320%
Blended rate4.040%5.822%7.560%
1st payment$1,033.98$1,033.98$2,082.84
2nd payment$0.00$909.58$0.00
Taxes / mo$280.75$280.75$280.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.64
HOA / mo$23.08$23.08$23.08
Total monthly$1,487.81$2,397.38$2,597.31
Cash to close$170,126$33,690$33,690