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$179,770$179,770$355,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$175,730$0
Funding fee$899$899$0
Note rate5.110%5.110%7.320%
Blended rate5.110%6.539%7.560%
1st payment$1,047.23$1,047.23$2,442.04
2nd payment$0.00$1,171.53$0.00
Taxes / mo$252.58$252.58$252.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,449.81$2,621.34$2,915.72
Cash to close$215,230$39,500$39,500