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$164,673$164,673$278,100
Remaining term (yrs)27.727.730.0
Secondary amount$0$113,427$0
Funding fee$823$823$0
Note rate6.990%6.990%7.240%
Blended rate6.990%7.402%7.480%
1st payment$1,120.22$1,120.22$1,895.25
2nd payment$0.00$756.18$0.00
Taxes / mo$174.42$174.42$174.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,444.63$2,200.81$2,275.28
Cash to close$144,327$30,900$30,900