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$85,500
Remaining term (yrs)8.88.830.0
Secondary amount$0$85,500$0
Funding fee$0$0$0
Note rate7.000%7.000%7.320%
Blended rate7.000%9.000%7.560%
1st payment$0.00$0.00$587.33
2nd payment$0.00$641.25$0.00
Taxes / mo$42.83$42.83$42.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$17.10
HOA / mo$0.00$0.00$0.00
Total monthly$192.83$834.08$797.26
Cash to close$95,000$9,500$9,500