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$184,500
Remaining term (yrs)0.00.030.0
Secondary amount$0$184,500$0
Funding fee$0$0$0
Note rate3.000%3.000%7.400%
Blended rate3.000%8.000%7.640%
1st payment$0.00$0.00$1,277.44
2nd payment$0.00$1,230.00$0.00
Taxes / mo$280.83$280.83$280.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$36.90
HOA / mo$0.00$0.00$0.00
Total monthly$430.83$1,660.83$1,745.17
Cash to close$205,000$20,500$20,500