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$170,418$170,418$306,000
Remaining term (yrs)23.423.430.0
Secondary amount$0$135,582$0
Funding fee$852$852$0
Note rate3.620%3.620%7.320%
Blended rate3.620%5.561%7.560%
1st payment$898.24$898.24$2,102.01
2nd payment$0.00$903.88$0.00
Taxes / mo$237.92$237.92$237.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$495.00$495.00$495.00
Total monthly$1,781.15$2,685.03$3,046.12
Cash to close$169,582$34,000$34,000