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$182,972$182,972$333,000
Remaining term (yrs)21.621.630.0
Secondary amount$0$150,028$0
Funding fee$915$915$0
Note rate4.550%4.550%7.400%
Blended rate4.550%6.104%7.640%
1st payment$1,105.45$1,105.45$2,305.62
2nd payment$0.00$1,000.19$0.00
Taxes / mo$345.25$345.25$345.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,600.70$2,600.89$2,867.47
Cash to close$187,028$37,000$37,000