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$178,002$178,002$445,500
Remaining term (yrs)14.414.430.0
Secondary amount$0$267,498$0
Funding fee$890$890$0
Note rate4.710%4.710%7.400%
Blended rate4.710%6.535%7.640%
1st payment$1,413.72$1,413.72$3,084.55
2nd payment$0.00$1,727.59$0.00
Taxes / mo$450.17$450.17$450.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$10.42$10.42$10.42
Total monthly$2,040.97$3,768.56$3,800.91
Cash to close$316,998$49,500$49,500