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$179,916$179,916$395,766
Remaining term (yrs)17.917.930.0
Secondary amount$0$215,850$0
Funding fee$900$900$0
Note rate4.140%4.140%7.400%
Blended rate4.140%6.109%7.640%
1st payment$1,182.86$1,182.86$2,740.20
2nd payment$0.00$1,394.03$0.00
Taxes / mo$208.00$208.00$208.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.15
HOA / mo$29.17$29.17$29.17
Total monthly$1,570.03$2,964.07$3,206.53
Cash to close$259,824$43,974$43,974