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$176,555$176,555$368,100
Remaining term (yrs)20.320.330.0
Secondary amount$0$191,545$0
Funding fee$883$883$0
Note rate4.150%4.150%7.320%
Blended rate4.150%6.153%7.560%
1st payment$1,066.94$1,066.94$2,528.59
2nd payment$0.00$1,276.97$0.00
Taxes / mo$383.83$383.83$383.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,600.77$2,877.74$3,136.04
Cash to close$232,445$40,900$40,900