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$182,665$182,665$242,100
Remaining term (yrs)26.326.330.0
Secondary amount$0$59,435$0
Funding fee$913$913$0
Note rate6.500%6.500%7.400%
Blended rate6.500%7.114%7.640%
1st payment$1,207.25$1,207.25$1,676.25
2nd payment$0.00$445.76$0.00
Taxes / mo$251.92$251.92$251.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.42
HOA / mo$16.67$16.67$16.67
Total monthly$1,625.84$2,071.60$2,143.26
Cash to close$86,335$26,900$26,900