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$193,249$193,249$265,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$72,251$0
Funding fee$966$966$0
Note rate6.000%6.000%7.320%
Blended rate6.000%6.816%7.560%
1st payment$1,170.54$1,170.54$1,823.80
2nd payment$0.00$541.88$0.00
Taxes / mo$96.75$96.75$96.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$305.00$305.00$305.00
Total monthly$1,722.29$2,264.18$2,428.65
Cash to close$101,751$29,500$29,500