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$185,504$185,504$503,550
Remaining term (yrs)27.627.630.0
Secondary amount$0$318,046$0
Funding fee$928$928$0
Note rate7.170%7.170%7.400%
Blended rate7.170%7.536%7.640%
1st payment$1,285.16$1,285.16$3,486.48
2nd payment$0.00$2,054.05$0.00
Taxes / mo$709.75$709.75$709.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.71
HOA / mo$310.00$310.00$310.00
Total monthly$2,471.58$4,525.63$4,773.61
Cash to close$373,996$55,950$55,950