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$169,350$169,350$238,410
Remaining term (yrs)24.524.530.0
Secondary amount$0$69,060$0
Funding fee$847$847$0
Note rate2.970%2.970%7.320%
Blended rate2.970%4.717%7.560%
1st payment$807.74$807.74$1,637.71
2nd payment$0.00$517.95$0.00
Taxes / mo$160.67$160.67$160.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,118.40$1,636.36$1,996.06
Cash to close$95,550$26,490$26,490