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$260,730
Remaining term (yrs)12.912.930.0
Secondary amount$0$260,730$0
Funding fee$0$0$0
Note rate3.000%3.000%7.400%
Blended rate3.000%7.750%7.640%
1st payment$0.00$0.00$1,805.24
2nd payment$0.00$1,683.88$0.00
Taxes / mo$302.33$302.33$302.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.15
HOA / mo$152.00$152.00$152.00
Total monthly$604.33$2,288.21$2,461.72
Cash to close$289,700$28,970$28,970