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$159,765$159,765$265,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$105,735$0
Funding fee$799$799$0
Note rate6.090%6.090%7.320%
Blended rate6.090%6.851%7.560%
1st payment$1,035.25$1,035.25$1,823.80
2nd payment$0.00$704.90$0.00
Taxes / mo$197.83$197.83$197.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$180.00$180.00$180.00
Total monthly$1,563.09$2,267.98$2,404.73
Cash to close$135,235$29,500$29,500