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$71,100
Remaining term (yrs)27.727.730.0
Secondary amount$0$71,100$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate6.500%9.000%7.560%
1st payment$0.00$0.00$488.41
2nd payment$0.00$533.25$0.00
Taxes / mo$128.50$128.50$128.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$14.22
HOA / mo$0.00$0.00$0.00
Total monthly$278.50$811.75$781.13
Cash to close$79,000$7,900$7,900