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$179,077$179,077$548,100
Remaining term (yrs)27.127.130.0
Secondary amount$0$369,023$0
Funding fee$895$895$0
Note rate7.570%7.570%7.320%
Blended rate7.570%7.691%7.560%
1st payment$1,295.39$1,295.39$3,765.07
2nd payment$0.00$2,383.27$0.00
Taxes / mo$196.26$196.26$196.26
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.62
HOA / mo$294.00$294.00$294.00
Total monthly$1,952.31$4,335.59$4,531.62
Cash to close$429,923$60,900$60,900