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$380,250
Remaining term (yrs)21.221.230.0
Secondary amount$0$380,250$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$2,632.77
2nd payment$0.00$2,455.78$0.00
Taxes / mo$177.42$177.42$177.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.05
HOA / mo$800.00$800.00$800.00
Total monthly$1,127.42$3,583.20$3,836.24
Cash to close$422,500$42,250$42,250