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$182,535$182,535$269,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$86,565$0
Funding fee$913$913$0
Note rate4.670%4.670%7.400%
Blended rate4.670%6.063%7.640%
1st payment$1,018.17$1,018.17$1,863.19
2nd payment$0.00$649.24$0.00
Taxes / mo$116.00$116.00$116.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,284.17$1,933.40$2,183.01
Cash to close$116,465$29,900$29,900