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$160,689$160,689$215,910
Remaining term (yrs)26.826.830.0
Secondary amount$0$55,221$0
Funding fee$803$803$0
Note rate6.810%6.810%7.320%
Blended rate6.810%7.370%7.560%
1st payment$1,086.59$1,086.59$1,483.15
2nd payment$0.00$414.16$0.00
Taxes / mo$46.17$46.17$46.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.18
HOA / mo$175.00$175.00$175.00
Total monthly$1,457.76$1,871.91$1,897.50
Cash to close$79,211$23,990$23,990