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$199,054$199,054$472,410
Remaining term (yrs)22.522.530.0
Secondary amount$0$273,356$0
Funding fee$995$995$0
Note rate4.270%4.270%7.400%
Blended rate4.270%6.284%7.640%
1st payment$1,143.43$1,143.43$3,270.87
2nd payment$0.00$1,765.42$0.00
Taxes / mo$225.42$225.42$225.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,535.51$3,300.93$3,757.44
Cash to close$325,846$52,490$52,490