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$0$0$207,000
Remaining term (yrs)27.527.530.0
Secondary amount$0$207,000$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate6.500%7.750%7.560%
1st payment$0.00$0.00$1,421.95
2nd payment$0.00$1,336.88$0.00
Taxes / mo$27.08$27.08$27.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.40
HOA / mo$0.00$0.00$0.00
Total monthly$177.08$1,513.96$1,640.43
Cash to close$230,000$23,000$23,000