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$131,676$131,676$292,500
Remaining term (yrs)29.329.330.0
Secondary amount$0$160,824$0
Funding fee$658$658$0
Note rate6.180%6.180%7.320%
Blended rate6.180%7.181%7.560%
1st payment$809.50$809.50$2,009.27
2nd payment$0.00$1,072.16$0.00
Taxes / mo$49.58$49.58$49.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,009.08$2,081.24$2,267.36
Cash to close$193,324$32,500$32,500