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$323,091
Remaining term (yrs)——30.0
Secondary amount$0$323,091$0
Funding fee$0$0$0
Note rate4.875%4.875%7.320%
Blended rate4.875%7.750%7.560%
1st payment$0.00$0.00$2,219.41
2nd payment$0.00$2,086.63$0.00
Taxes / mo$4.17$4.17$4.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.62
HOA / mo$282.00$282.00$282.00
Total monthly$436.17$2,522.80$2,720.20
Cash to close$358,990$35,899$35,899