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$224,460
Remaining term (yrs)25.925.930.0
Secondary amount$0$224,460$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$1,554.12
2nd payment$0.00$1,449.64$0.00
Taxes / mo$207.83$207.83$207.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.89
HOA / mo$0.00$0.00$0.00
Total monthly$357.83$1,807.47$1,956.84
Cash to close$249,400$24,940$24,940