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$175,196$175,196$265,410
Remaining term (yrs)22.022.030.0
Secondary amount$0$90,214$0
Funding fee$876$876$0
Note rate4.630%4.630%7.320%
Blended rate4.630%6.115%7.560%
1st payment$1,054.60$1,054.60$1,823.18
2nd payment$0.00$676.61$0.00
Taxes / mo$126.08$126.08$126.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.08
HOA / mo$17.00$17.00$17.00
Total monthly$1,347.68$2,024.29$2,169.35
Cash to close$119,704$29,490$29,490