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$165,891$165,891$202,500
Remaining term (yrs)26.026.030.0
Secondary amount$0$36,609$0
Funding fee$829$829$0
Note rate6.290%6.290%7.320%
Blended rate6.290%6.780%7.560%
1st payment$1,078.40$1,078.40$1,391.03
2nd payment$0.00$274.57$0.00
Taxes / mo$451.17$451.17$451.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,679.57$1,954.14$2,032.70
Cash to close$59,109$22,500$22,500