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$183,662$183,662$472,500
Remaining term (yrs)17.717.730.0
Secondary amount$0$288,838$0
Funding fee$918$918$0
Note rate4.140%4.140%7.320%
Blended rate4.140%6.347%7.560%
1st payment$1,215.10$1,215.10$3,245.75
2nd payment$0.00$1,865.41$0.00
Taxes / mo$215.42$215.42$215.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,597.18$3,462.60$3,722.33
Cash to close$341,338$52,500$52,500