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$399,591
Remaining term (yrs)——30.0
Secondary amount$0$399,591$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$2,766.69
2nd payment$0.00$2,580.69$0.00
Taxes / mo$113.33$113.33$113.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.92
HOA / mo$41.00$41.00$41.00
Total monthly$304.33$2,885.03$3,150.94
Cash to close$443,990$44,399$44,399