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$171,000
Remaining term (yrs)0.00.030.0
Secondary amount$0$171,000$0
Funding fee$0$0$0
Note rate6.910%6.910%7.400%
Blended rate6.910%8.000%7.640%
1st payment$406.11$406.11$1,183.97
2nd payment$0.00$1,140.00$0.00
Taxes / mo$190.27$190.27$190.27
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$34.20
HOA / mo$0.00$0.00$0.00
Total monthly$746.38$1,886.38$1,558.44
Cash to close$190,000$19,000$19,000