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$465,291
Remaining term (yrs)——30.0
Secondary amount$0$465,291$0
Funding fee$0$0$0
Note rate4.875%4.875%7.400%
Blended rate4.875%7.750%7.640%
1st payment$0.00$0.00$3,221.58
2nd payment$0.00$3,005.00$0.00
Taxes / mo$89.33$89.33$89.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.06
HOA / mo$185.00$185.00$185.00
Total monthly$441.00$3,446.00$3,755.64
Cash to close$516,990$51,699$51,699