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$177,215$177,215$337,500
Remaining term (yrs)20.820.830.0
Secondary amount$0$160,285$0
Funding fee$886$886$0
Note rate4.570%4.570%7.400%
Blended rate4.570%6.199%7.640%
1st payment$1,097.69$1,097.69$2,336.78
2nd payment$0.00$1,068.57$0.00
Taxes / mo$201.75$201.75$201.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,449.44$2,518.00$2,756.03
Cash to close$197,785$37,500$37,500