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$179,353$179,353$202,500
Remaining term (yrs)26.026.030.0
Secondary amount$0$34,397$0
Funding fee$897$897$0
Note rate5.890%5.890%7.320%
Blended rate5.890%6.853%7.560%
1st payment$1,121.33$1,121.33$1,391.03
2nd payment$0.00$340.39$0.00
Taxes / mo$304.92$304.92$304.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,576.25$1,916.64$1,886.45
Cash to close$45,647$11,250$22,500