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$153,216$153,216$404,550
Remaining term (yrs)17.117.130.0
Secondary amount$0$251,334$0
Funding fee$766$766$0
Note rate4.190%4.190%7.320%
Blended rate4.190%6.402%7.560%
1st payment$1,040.85$1,040.85$2,778.98
2nd payment$0.00$1,623.20$0.00
Taxes / mo$139.42$139.42$139.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.91
HOA / mo$18.33$18.33$18.33
Total monthly$1,348.59$2,971.79$3,167.63
Cash to close$296,284$44,950$44,950