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$173,979$173,979$414,000
Remaining term (yrs)20.420.430.0
Secondary amount$0$240,021$0
Funding fee$870$870$0
Note rate4.190%4.190%7.400%
Blended rate4.190%6.254%7.640%
1st payment$1,055.09$1,055.09$2,866.45
2nd payment$0.00$1,550.13$0.00
Taxes / mo$238.08$238.08$238.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,459.84$3,009.97$3,354.00
Cash to close$286,021$46,000$46,000