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$170,615$170,615$242,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$72,295$0
Funding fee$853$853$0
Note rate2.650%2.650%7.320%
Blended rate2.650%4.540%7.560%
1st payment$791.49$791.49$1,668.62
2nd payment$0.00$542.22$0.00
Taxes / mo$224.92$224.92$224.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,166.40$1,708.62$2,092.12
Cash to close$99,285$26,990$26,990