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$305,100
Remaining term (yrs)28.928.930.0
Secondary amount$0$305,100$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate6.500%7.750%7.640%
1st payment$0.00$0.00$2,112.45
2nd payment$0.00$1,970.44$0.00
Taxes / mo$215.16$215.16$215.16
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.02
HOA / mo$0.00$0.00$0.00
Total monthly$365.16$2,335.59$2,538.63
Cash to close$339,000$33,900$33,900