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$176,411$176,411$332,010
Remaining term (yrs)14.714.730.0
Secondary amount$0$155,599$0
Funding fee$882$882$0
Note rate4.490%4.490%7.400%
Blended rate4.490%6.135%7.640%
1st payment$1,359.26$1,359.26$2,298.77
2nd payment$0.00$1,037.33$0.00
Taxes / mo$307.42$307.42$307.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.40
HOA / mo$16.67$16.67$16.67
Total monthly$1,833.35$2,870.67$2,839.26
Cash to close$192,489$36,890$36,890