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$151,242$151,242$193,410
Remaining term (yrs)27.127.130.0
Secondary amount$0$42,168$0
Funding fee$756$756$0
Note rate7.570%7.570%7.400%
Blended rate7.570%7.882%7.640%
1st payment$1,094.04$1,094.04$1,339.13
2nd payment$0.00$316.26$0.00
Taxes / mo$330.67$330.67$330.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$38.68
HOA / mo$393.00$393.00$393.00
Total monthly$1,967.70$2,283.96$2,251.48
Cash to close$63,658$21,490$21,490