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$208,800
Remaining term (yrs)27.927.930.0
Secondary amount$0$208,800$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$1,445.69
2nd payment$0.00$1,348.50$0.00
Taxes / mo$193.33$193.33$193.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.76
HOA / mo$550.00$550.00$550.00
Total monthly$893.33$2,241.83$2,380.78
Cash to close$232,000$23,200$23,200