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$269,100
Remaining term (yrs)28.628.630.0
Secondary amount$0$269,100$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate6.500%7.750%7.560%
1st payment$0.00$0.00$1,848.53
2nd payment$0.00$1,737.94$0.00
Taxes / mo$241.17$241.17$241.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$258.00$258.00$258.00
Total monthly$649.17$2,387.10$2,551.52
Cash to close$299,000$29,900$29,900