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$459,000
Remaining term (yrs)0.00.030.0
Secondary amount$0$459,000$0
Funding fee$0$0$0
Note rate8.530%8.530%7.320%
Blended rate8.530%7.750%7.560%
1st payment$1,033.97$1,033.97$3,153.01
2nd payment$0.00$2,964.38$0.00
Taxes / mo$102.50$102.50$102.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,303.13$4,267.51$3,513.98
Cash to close$510,000$51,000$51,000