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$454,410
Remaining term (yrs)——30.0
Secondary amount$0$454,410$0
Funding fee$0$0$0
Note rate3.500%3.500%7.320%
Blended rate3.500%7.750%7.560%
1st payment$0.00$0.00$3,121.48
2nd payment$0.00$2,934.73$0.00
Taxes / mo$836.08$836.08$836.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.88
HOA / mo$25.83$25.83$25.83
Total monthly$1,028.58$3,963.31$4,240.94
Cash to close$504,900$50,490$50,490