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$186,443$186,443$269,910
Remaining term (yrs)26.426.430.0
Secondary amount$0$83,467$0
Funding fee$932$932$0
Note rate6.270%6.270%7.400%
Blended rate6.270%7.114%7.640%
1st payment$1,203.67$1,203.67$1,868.80
2nd payment$0.00$626.00$0.00
Taxes / mo$184.92$184.92$184.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,538.58$2,164.58$2,257.70
Cash to close$113,457$29,990$29,990