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$123,300
Remaining term (yrs)22.522.530.0
Secondary amount$0$123,300$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$853.70
2nd payment$0.00$822.00$0.00
Taxes / mo$27.50$27.50$27.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$24.66
HOA / mo$143.00$143.00$143.00
Total monthly$320.50$1,142.50$1,198.86
Cash to close$137,000$13,700$13,700