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$177,725$177,725$391,410
Remaining term (yrs)22.522.530.0
Secondary amount$0$213,685$0
Funding fee$889$889$0
Note rate4.060%4.060%7.320%
Blended rate4.060%6.075%7.560%
1st payment$1,000.56$1,000.56$2,688.72
2nd payment$0.00$1,380.05$0.00
Taxes / mo$385.33$385.33$385.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.28
HOA / mo$238.33$238.33$238.33
Total monthly$1,774.22$3,154.27$3,540.66
Cash to close$257,175$43,490$43,490