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$328,500
Remaining term (yrs)——30.0
Secondary amount$0$328,500$0
Funding fee$0$0$0
Note rate3.250%3.250%7.320%
Blended rate3.250%7.750%7.560%
1st payment$0.00$0.00$2,256.57
2nd payment$0.00$2,121.56$0.00
Taxes / mo$93.42$93.42$93.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$243.42$2,364.98$2,565.68
Cash to close$365,000$36,500$36,500