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$168,060$168,060$206,910
Remaining term (yrs)25.725.730.0
Secondary amount$0$38,850$0
Funding fee$840$840$0
Note rate5.510%5.510%7.400%
Blended rate5.510%6.165%7.640%
1st payment$1,017.61$1,017.61$1,432.60
2nd payment$0.00$291.37$0.00
Taxes / mo$116.00$116.00$116.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,283.61$1,574.98$1,739.99
Cash to close$61,840$22,990$22,990