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$177,556$177,556$256,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$78,944$0
Funding fee$888$888$0
Note rate6.730%6.730%7.320%
Blended rate6.730%7.429%7.560%
1st payment$1,196.80$1,196.80$1,761.98
2nd payment$0.00$592.08$0.00
Taxes / mo$293.58$293.58$293.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,640.38$2,232.47$2,256.86
Cash to close$107,444$28,500$28,500