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$116,100
Remaining term (yrs)27.627.630.0
Secondary amount$0$116,100$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate6.500%8.000%7.560%
1st payment$0.00$0.00$797.53
2nd payment$0.00$774.00$0.00
Taxes / mo$259.42$259.42$259.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$23.22
HOA / mo$373.00$373.00$373.00
Total monthly$782.42$1,556.42$1,603.16
Cash to close$129,000$12,900$12,900