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$174,902$174,902$517,500
Remaining term (yrs)14.114.130.0
Secondary amount$0$342,598$0
Funding fee$875$875$0
Note rate4.420%4.420%7.320%
Blended rate4.420%6.625%7.560%
1st payment$1,380.34$1,380.34$3,554.87
2nd payment$0.00$2,212.61$0.00
Taxes / mo$553.67$553.67$553.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$146.67$146.67$146.67
Total monthly$2,247.35$4,459.96$4,525.37
Cash to close$400,098$57,500$57,500