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$457,425
Remaining term (yrs)——30.0
Secondary amount$0$457,425$0
Funding fee$0$0$0
Note rate0.000%0.000%7.400%
Blended rate0.000%7.750%7.640%
1st payment$0.00$0.00$3,167.12
2nd payment$0.00$2,954.20$0.00
Taxes / mo$423.54$423.54$423.54
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.49
HOA / mo$202.00$202.00$202.00
Total monthly$792.21$3,746.41$4,050.81
Cash to close$508,250$50,825$50,825