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$162,000
Remaining term (yrs)——30.0
Secondary amount$0$162,000$0
Funding fee$0$0$0
Note rate0.000%0.000%7.320%
Blended rate0.000%8.000%7.560%
1st payment$0.00$0.00$1,112.83
2nd payment$0.00$1,080.00$0.00
Taxes / mo$286.01$286.01$286.01
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$32.40
HOA / mo$359.00$359.00$359.00
Total monthly$795.01$1,875.01$1,940.24
Cash to close$180,000$18,000$18,000