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$173,410$173,410$279,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$105,590$0
Funding fee$867$867$0
Note rate3.680%3.680%7.400%
Blended rate3.680%5.315%7.640%
1st payment$923.70$923.70$1,931.74
2nd payment$0.00$703.93$0.00
Taxes / mo$154.58$154.58$154.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,228.29$1,932.22$2,292.12
Cash to close$136,590$31,000$31,000