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$173,037$173,037$269,910
Remaining term (yrs)22.122.130.0
Secondary amount$0$96,873$0
Funding fee$865$865$0
Note rate4.900%4.900%7.400%
Blended rate4.900%6.372%7.640%
1st payment$1,065.52$1,065.52$1,868.80
2nd payment$0.00$726.55$0.00
Taxes / mo$211.08$211.08$211.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$65.00$65.00$65.00
Total monthly$1,491.60$2,218.15$2,348.87
Cash to close$126,863$29,990$29,990