Dan Frey Home Loans
Call Dan

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$383,310
Remaining term (yrs)——30.0
Secondary amount$0$383,310$0
Funding fee$0$0$0
Note rate4.500%4.500%7.400%
Blended rate4.500%7.750%7.640%
1st payment$0.00$0.00$2,653.96
2nd payment$0.00$2,475.54$0.00
Taxes / mo$434.33$434.33$434.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.66
HOA / mo$42.25$42.25$42.25
Total monthly$626.58$3,102.13$3,357.21
Cash to close$425,900$42,590$42,590