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$292,500
Remaining term (yrs)20.120.130.0
Secondary amount$0$292,500$0
Funding fee$0$0$0
Note rate3.000%3.000%7.320%
Blended rate3.000%7.750%7.560%
1st payment$0.00$0.00$2,009.27
2nd payment$0.00$1,889.06$0.00
Taxes / mo$435.75$435.75$435.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$313.00$313.00$313.00
Total monthly$898.75$2,787.81$2,966.52
Cash to close$325,000$32,500$32,500