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$277,191
Remaining term (yrs)——30.0
Secondary amount$0$277,191$0
Funding fee$0$0$0
Note rate4.875%4.875%7.400%
Blended rate4.875%7.750%7.640%
1st payment$0.00$0.00$1,919.21
2nd payment$0.00$1,790.19$0.00
Taxes / mo$256.66$256.66$256.66
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.44
HOA / mo$259.00$259.00$259.00
Total monthly$665.66$2,455.85$2,640.31
Cash to close$307,990$30,799$30,799