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$169,941$169,941$224,910
Remaining term (yrs)23.023.030.0
Secondary amount$0$54,969$0
Funding fee$850$850$0
Note rate3.620%3.620%7.400%
Blended rate3.620%4.935%7.640%
1st payment$903.91$903.91$1,557.23
2nd payment$0.00$412.27$0.00
Taxes / mo$340.08$340.08$340.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,393.99$1,806.26$2,092.30
Cash to close$79,959$24,990$24,990