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$154,800
Remaining term (yrs)7.87.830.0
Secondary amount$0$154,800$0
Funding fee$0$0$0
Note rate3.000%3.000%7.400%
Blended rate3.000%8.000%7.640%
1st payment$0.00$0.00$1,071.80
2nd payment$0.00$1,032.00$0.00
Taxes / mo$296.92$296.92$296.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$30.96
HOA / mo$0.00$0.00$0.00
Total monthly$446.92$1,478.92$1,549.68
Cash to close$172,000$17,200$17,200