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$167,892$167,892$274,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$106,608$0
Funding fee$839$839$0
Note rate3.470%3.470%7.320%
Blended rate3.470%5.229%7.560%
1st payment$869.56$869.56$1,885.62
2nd payment$0.00$710.72$0.00
Taxes / mo$177.83$177.83$177.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.90
HOA / mo$75.00$75.00$75.00
Total monthly$1,272.39$1,983.11$2,343.36
Cash to close$137,108$30,500$30,500