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$175,879$175,879$229,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$53,621$0
Funding fee$879$879$0
Note rate3.020%3.020%7.320%
Blended rate3.020%4.417%7.560%
1st payment$845.37$845.37$1,576.51
2nd payment$0.00$402.16$0.00
Taxes / mo$117.58$117.58$117.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.90
HOA / mo$169.00$169.00$169.00
Total monthly$1,281.95$1,684.11$2,058.99
Cash to close$79,121$25,500$25,500