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$174,237$174,237$229,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$55,263$0
Funding fee$871$871$0
Note rate2.870%2.870%7.320%
Blended rate2.870%4.346%7.560%
1st payment$812.67$812.67$1,576.51
2nd payment$0.00$414.48$0.00
Taxes / mo$161.67$161.67$161.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,124.33$1,538.81$1,934.07
Cash to close$80,763$25,500$25,500