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$194,217$194,217$472,500
Remaining term (yrs)18.918.930.0
Secondary amount$0$278,283$0
Funding fee$971$971$0
Note rate4.050%4.050%7.400%
Blended rate4.050%6.229%7.640%
1st payment$1,222.56$1,222.56$3,271.49
2nd payment$0.00$1,797.24$0.00
Taxes / mo$237.79$237.79$237.79
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$33.33$33.33$33.33
Total monthly$1,660.34$3,457.59$3,803.78
Cash to close$330,783$52,500$52,500