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$161,937$161,937$323,910
Remaining term (yrs)28.228.230.0
Secondary amount$0$161,973$0
Funding fee$810$810$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.405%7.640%
1st payment$1,076.12$1,076.12$2,242.69
2nd payment$0.00$1,079.82$0.00
Taxes / mo$79.33$79.33$79.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,305.46$2,385.28$2,536.80
Cash to close$197,963$35,990$35,990