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$359,100
Remaining term (yrs)0.00.030.0
Secondary amount$0$359,100$0
Funding fee$0$0$0
Note rate9.250%9.250%7.400%
Blended rate9.250%7.750%7.640%
1st payment$201.39$201.39$2,486.34
2nd payment$0.00$2,319.19$0.00
Taxes / mo$394.17$394.17$394.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$745.56$3,064.75$3,102.32
Cash to close$399,000$39,900$39,900