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$170,899$170,899$292,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$121,601$0
Funding fee$854$854$0
Note rate3.070%3.070%7.400%
Blended rate3.070%5.120%7.640%
1st payment$809.51$809.51$2,025.21
2nd payment$0.00$810.67$0.00
Taxes / mo$186.18$186.18$186.18
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,145.70$1,956.37$2,419.89
Cash to close$154,101$32,500$32,500