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$219,600
Remaining term (yrs)25.425.430.0
Secondary amount$0$219,600$0
Funding fee$0$0$0
Note rate4.000%4.000%7.400%
Blended rate4.000%7.750%7.640%
1st payment$0.00$0.00$1,520.47
2nd payment$0.00$1,418.25$0.00
Taxes / mo$290.50$290.50$290.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.92
HOA / mo$0.00$0.00$0.00
Total monthly$440.50$1,858.75$2,004.89
Cash to close$244,000$24,400$24,400