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$187,997$187,997$278,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$90,103$0
Funding fee$940$940$0
Note rate6.890%6.890%7.320%
Blended rate6.890%7.574%7.560%
1st payment$1,264.05$1,264.05$1,910.35
2nd payment$0.00$675.78$0.00
Taxes / mo$365.58$365.58$365.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.62
HOA / mo$327.00$327.00$327.00
Total monthly$2,106.63$2,782.41$2,808.56
Cash to close$121,003$30,900$30,900