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$174,200$174,200$233,955
Remaining term (yrs)23.823.830.0
Secondary amount$0$59,755$0
Funding fee$871$871$0
Note rate3.030%3.030%7.320%
Blended rate3.030%4.555%7.560%
1st payment$853.96$853.96$1,607.11
2nd payment$0.00$448.16$0.00
Taxes / mo$602.33$602.33$602.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.79
HOA / mo$0.00$0.00$0.00
Total monthly$1,606.30$2,054.46$2,406.23
Cash to close$85,750$25,995$25,995