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$170,584$170,584$413,100
Remaining term (yrs)17.817.830.0
Secondary amount$0$242,516$0
Funding fee$853$853$0
Note rate4.140%4.140%7.400%
Blended rate4.140%6.259%7.640%
1st payment$1,125.03$1,125.03$2,860.22
2nd payment$0.00$1,566.25$0.00
Taxes / mo$199.67$199.67$199.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.62
HOA / mo$50.00$50.00$50.00
Total monthly$1,541.36$3,107.61$3,359.17
Cash to close$288,416$45,900$45,900