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$173,379$173,379$233,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$59,721$0
Funding fee$867$867$0
Note rate2.770%2.770%7.320%
Blended rate2.770%4.366%7.560%
1st payment$799.75$799.75$1,601.24
2nd payment$0.00$447.91$0.00
Taxes / mo$215.83$215.83$215.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,165.58$1,613.49$2,013.69
Cash to close$85,621$25,900$25,900