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$169,538$169,538$330,300
Remaining term (yrs)29.629.630.0
Secondary amount$0$160,762$0
Funding fee$848$848$0
Note rate6.520%6.520%7.400%
Blended rate6.520%7.240%7.640%
1st payment$1,076.75$1,076.75$2,286.93
2nd payment$0.00$1,071.75$0.00
Taxes / mo$155.33$155.33$155.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.06
HOA / mo$14.58$14.58$14.58
Total monthly$1,396.67$2,468.41$2,672.90
Cash to close$197,462$36,700$36,700