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$170,018$170,018$207,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$36,982$0
Funding fee$850$850$0
Note rate3.090%3.090%7.320%
Blended rate3.090%4.146%7.560%
1st payment$807.12$807.12$1,421.95
2nd payment$0.00$277.37$0.00
Taxes / mo$191.67$191.67$191.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,148.79$1,426.16$1,805.01
Cash to close$59,982$23,000$23,000