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$170,360$170,360$307,800
Remaining term (yrs)24.224.230.0
Secondary amount$0$137,440$0
Funding fee$852$852$0
Note rate2.840%2.840%7.320%
Blended rate2.840%5.144%7.560%
1st payment$808.72$808.72$2,114.37
2nd payment$0.00$916.27$0.00
Taxes / mo$228.67$228.67$228.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.56
HOA / mo$0.00$0.00$0.00
Total monthly$1,187.38$2,103.65$2,554.60
Cash to close$171,640$34,200$34,200