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$365,805
Remaining term (yrs)28.628.630.0
Secondary amount$0$365,805$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate6.500%7.750%7.640%
1st payment$0.00$0.00$2,532.76
2nd payment$0.00$2,362.49$0.00
Taxes / mo$203.92$203.92$203.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.16
HOA / mo$0.00$0.00$0.00
Total monthly$353.92$2,716.41$2,959.84
Cash to close$406,450$40,645$40,645