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$98,910
Remaining term (yrs)——30.0
Secondary amount$0$98,910$0
Funding fee$0$0$0
Note rate3.500%3.500%7.320%
Blended rate3.500%9.000%7.560%
1st payment$0.00$0.00$679.44
2nd payment$0.00$741.82$0.00
Taxes / mo$104.58$104.58$104.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$19.78
HOA / mo$630.00$630.00$630.00
Total monthly$884.58$1,626.41$1,583.81
Cash to close$109,900$10,990$10,990