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$131,400
Remaining term (yrs)0.00.030.0
Secondary amount$0$131,400$0
Funding fee$0$0$0
Note rate7.000%7.000%7.320%
Blended rate7.000%8.000%7.560%
1st payment$281.33$281.33$902.63
2nd payment$0.00$876.00$0.00
Taxes / mo$291.25$291.25$291.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$26.28
HOA / mo$0.00$0.00$0.00
Total monthly$722.58$1,598.58$1,370.16
Cash to close$146,000$14,600$14,600