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$183,639$183,639$357,999
Remaining term (yrs)20.220.230.0
Secondary amount$0$174,361$0
Funding fee$918$918$0
Note rate4.080%4.080%7.400%
Blended rate4.080%5.989%7.640%
1st payment$1,108.69$1,108.69$2,478.71
2nd payment$0.00$1,162.40$0.00
Taxes / mo$185.92$185.92$185.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,444.61$2,607.01$2,886.23
Cash to close$214,138$39,778$39,778