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$164,470$164,470$442,800
Remaining term (yrs)23.923.930.0
Secondary amount$0$278,330$0
Funding fee$822$822$0
Note rate8.150%8.150%7.320%
Blended rate8.150%7.899%7.560%
1st payment$1,302.44$1,302.44$3,041.73
2nd payment$0.00$1,797.55$0.00
Taxes / mo$459.33$459.33$459.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.56
HOA / mo$0.00$0.00$0.00
Total monthly$1,928.44$3,725.99$3,756.29
Cash to close$327,530$49,200$49,200