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$175,754$175,754$404,999
Remaining term (yrs)17.317.330.0
Secondary amount$0$229,245$0
Funding fee$879$879$0
Note rate4.420%4.420%7.320%
Blended rate4.420%6.305%7.560%
1st payment$1,207.21$1,207.21$2,782.06
2nd payment$0.00$1,480.54$0.00
Taxes / mo$571.42$571.42$571.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$11.83$11.83$11.83
Total monthly$1,940.45$3,420.99$3,596.31
Cash to close$274,245$45,000$45,000