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$191,359$191,359$427,500
Remaining term (yrs)12.612.630.0
Secondary amount$0$236,141$0
Funding fee$957$957$0
Note rate4.810%4.810%7.400%
Blended rate4.810%6.434%7.640%
1st payment$1,675.61$1,675.61$2,959.92
2nd payment$0.00$1,525.08$0.00
Taxes / mo$395.83$395.83$395.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$269.00$269.00$269.00
Total monthly$2,507.11$4,032.19$3,876.92
Cash to close$283,641$47,500$47,500