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$173,228$173,228$314,910
Remaining term (yrs)20.320.330.0
Secondary amount$0$141,682$0
Funding fee$866$866$0
Note rate4.320%4.320%7.400%
Blended rate4.320%5.976%7.640%
1st payment$1,065.31$1,065.31$2,180.37
2nd payment$0.00$944.55$0.00
Taxes / mo$222.75$222.75$222.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,438.06$2,382.61$2,616.11
Cash to close$176,672$34,990$34,990