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$209,250
Remaining term (yrs)29.629.630.0
Secondary amount$0$209,250$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate6.500%7.750%7.560%
1st payment$0.00$0.00$1,437.40
2nd payment$0.00$1,351.41$0.00
Taxes / mo$305.18$305.18$305.18
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.85
HOA / mo$0.00$0.00$0.00
Total monthly$455.18$1,806.59$1,934.43
Cash to close$232,500$23,250$23,250