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$179,565$179,565$426,510
Remaining term (yrs)12.812.830.0
Secondary amount$0$246,945$0
Funding fee$898$898$0
Note rate5.260%5.260%7.320%
Blended rate5.260%6.702%7.560%
1st payment$1,598.70$1,598.70$2,929.83
2nd payment$0.00$1,594.85$0.00
Taxes / mo$212.00$212.00$212.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.30
HOA / mo$106.00$106.00$106.00
Total monthly$2,083.37$3,678.22$3,499.80
Cash to close$294,335$47,390$47,390