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$159,876$159,876$463,500
Remaining term (yrs)17.717.730.0
Secondary amount$0$303,624$0
Funding fee$799$799$0
Note rate4.170%4.170%7.400%
Blended rate4.170%6.515%7.640%
1st payment$1,060.23$1,060.23$3,209.18
2nd payment$0.00$1,960.90$0.00
Taxes / mo$180.92$180.92$180.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$35.00$35.00$35.00
Total monthly$1,442.81$3,403.71$3,684.46
Cash to close$355,124$51,500$51,500