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$279,000
Remaining term (yrs)20.220.230.0
Secondary amount$0$279,000$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$1,931.74
2nd payment$0.00$1,801.88$0.00
Taxes / mo$131.86$131.86$131.86
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.80
HOA / mo$60.00$60.00$60.00
Total monthly$341.86$2,143.73$2,329.40
Cash to close$310,000$31,000$31,000