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$195,255$195,255$245,699
Remaining term (yrs)27.827.830.0
Secondary amount$0$50,444$0
Funding fee$976$976$0
Note rate6.780%6.780%7.320%
Blended rate6.780%7.236%7.560%
1st payment$1,300.11$1,300.11$1,687.78
2nd payment$0.00$378.33$0.00
Taxes / mo$227.50$227.50$227.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.14
HOA / mo$0.00$0.00$0.00
Total monthly$1,677.61$2,055.94$2,114.42
Cash to close$77,744$27,300$27,300