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$170,890$170,890$269,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$99,020$0
Funding fee$854$854$0
Note rate3.010%3.010%7.320%
Blended rate3.010%5.208%7.560%
1st payment$833.99$833.99$1,854.09
2nd payment$0.00$742.65$0.00
Taxes / mo$78.17$78.17$78.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,062.15$1,804.81$2,136.24
Cash to close$129,010$29,990$29,990