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$172,501$172,501$270,000
Remaining term (yrs)21.821.830.0
Secondary amount$0$97,499$0
Funding fee$863$863$0
Note rate3.730%3.730%7.400%
Blended rate3.730%5.633%7.640%
1st payment$961.09$961.09$1,869.43
2nd payment$0.00$731.24$0.00
Taxes / mo$179.67$179.67$179.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,290.75$2,021.99$2,253.09
Cash to close$127,499$30,000$30,000