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$301,347
Remaining term (yrs)——30.0
Secondary amount$0$301,347$0
Funding fee$0$0$0
Note rate4.875%4.875%7.320%
Blended rate4.875%7.750%7.560%
1st payment$0.00$0.00$2,070.04
2nd payment$0.00$1,946.20$0.00
Taxes / mo$279.03$279.03$279.03
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.27
HOA / mo$259.00$259.00$259.00
Total monthly$688.03$2,634.22$2,818.34
Cash to close$334,830$33,483$33,483