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$215,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$215,100$0
Funding fee$0$0$0
Note rate4.000%4.000%7.320%
Blended rate4.000%7.750%7.560%
1st payment$0.00$0.00$1,477.59
2nd payment$0.00$1,389.19$0.00
Taxes / mo$263.67$263.67$263.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.02
HOA / mo$59.33$59.33$59.33
Total monthly$473.00$1,862.18$1,993.60
Cash to close$239,000$23,900$23,900