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$171,593$171,593$283,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$111,907$0
Funding fee$858$858$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.810%7.640%
1st payment$801.07$801.07$1,962.90
2nd payment$0.00$746.05$0.00
Taxes / mo$87.33$87.33$87.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,038.41$1,784.45$2,256.93
Cash to close$143,407$31,500$31,500