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$112,410
Remaining term (yrs)28.428.430.0
Secondary amount$0$112,410$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate6.500%8.000%7.640%
1st payment$0.00$0.00$778.30
2nd payment$0.00$749.40$0.00
Taxes / mo$180.58$180.58$180.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$22.48
HOA / mo$200.00$200.00$200.00
Total monthly$530.58$1,279.98$1,331.37
Cash to close$124,900$12,490$12,490