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$190,773$190,773$292,500
Remaining term (yrs)26.226.230.0
Secondary amount$0$101,727$0
Funding fee$954$954$0
Note rate6.330%6.330%7.320%
Blended rate6.330%6.911%7.560%
1st payment$1,241.86$1,241.86$2,009.27
2nd payment$0.00$678.18$0.00
Taxes / mo$159.92$159.92$159.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,551.78$2,229.96$2,377.69
Cash to close$134,227$32,500$32,500