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$171,445$171,445$211,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$40,055$0
Funding fee$857$857$0
Note rate5.270%5.270%7.400%
Blended rate5.270%5.976%7.640%
1st payment$1,013.45$1,013.45$1,464.38
2nd payment$0.00$300.41$0.00
Taxes / mo$97.25$97.25$97.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,260.70$1,561.11$1,753.93
Cash to close$63,555$23,500$23,500