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$179,770$179,770$359,910
Remaining term (yrs)22.022.030.0
Secondary amount$0$180,140$0
Funding fee$899$899$0
Note rate4.700%4.700%7.320%
Blended rate4.700%6.352%7.560%
1st payment$1,089.14$1,089.14$2,472.33
2nd payment$0.00$1,200.93$0.00
Taxes / mo$239.33$239.33$239.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$33.33$33.33$33.33
Total monthly$1,511.80$2,712.73$2,966.98
Cash to close$220,130$39,990$39,990