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$181,137$181,137$225,000
Remaining term (yrs)27.327.330.0
Secondary amount$0$43,863$0
Funding fee$906$906$0
Note rate6.610%6.610%7.400%
Blended rate6.610%7.076%7.640%
1st payment$1,193.64$1,193.64$1,557.85
2nd payment$0.00$328.97$0.00
Taxes / mo$298.50$298.50$298.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,642.14$1,971.11$2,051.35
Cash to close$68,863$25,000$25,000