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$170,257$170,257$202,410
Remaining term (yrs)25.525.530.0
Secondary amount$0$32,153$0
Funding fee$851$851$0
Note rate4.170%4.170%7.400%
Blended rate4.170%4.937%7.640%
1st payment$901.27$901.27$1,401.45
2nd payment$0.00$241.15$0.00
Taxes / mo$70.50$70.50$70.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.48
HOA / mo$20.00$20.00$20.00
Total monthly$1,141.76$1,382.91$1,682.43
Cash to close$54,643$22,490$22,490