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$36,526$36,526$179,910
Remaining term (yrs)7.37.330.0
Secondary amount$0$143,384$0
Funding fee$183$183$0
Note rate5.350%5.350%7.320%
Blended rate5.350%7.462%7.560%
1st payment$498.11$498.11$1,235.86
2nd payment$0.00$955.89$0.00
Taxes / mo$61.50$61.50$61.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.98
HOA / mo$210.00$210.00$210.00
Total monthly$919.61$1,875.50$1,693.34
Cash to close$163,374$19,990$19,990