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$186,091$186,091$305,910
Remaining term (yrs)28.428.430.0
Secondary amount$0$119,819$0
Funding fee$930$930$0
Note rate7.040%7.040%7.400%
Blended rate7.040%7.416%7.640%
1st payment$1,262.50$1,262.50$2,118.06
2nd payment$0.00$798.79$0.00
Taxes / mo$44.42$44.42$44.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,456.92$2,255.71$2,373.66
Cash to close$153,809$33,990$33,990