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$186,092$186,092$436,500
Remaining term (yrs)29.429.430.0
Secondary amount$0$250,408$0
Funding fee$930$930$0
Note rate6.060%6.060%7.400%
Blended rate6.060%7.030%7.640%
1st payment$1,129.66$1,129.66$3,022.24
2nd payment$0.00$1,617.22$0.00
Taxes / mo$156.08$156.08$156.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$37.50$37.50$37.50
Total monthly$1,489.91$3,107.13$3,469.79
Cash to close$298,908$48,500$48,500