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$159,430$159,430$314,010
Remaining term (yrs)17.517.530.0
Secondary amount$0$154,580$0
Funding fee$797$797$0
Note rate4.340%4.340%7.400%
Blended rate4.340%6.142%7.640%
1st payment$1,078.11$1,078.11$2,174.14
2nd payment$0.00$1,030.54$0.00
Taxes / mo$191.25$191.25$191.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.80
HOA / mo$10.00$10.00$10.00
Total monthly$1,429.36$2,459.89$2,588.19
Cash to close$189,470$34,890$34,890