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$331,713
Remaining term (yrs)——30.0
Secondary amount$0$331,713$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$2,278.64
2nd payment$0.00$2,142.31$0.00
Taxes / mo$4.17$4.17$4.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.34
HOA / mo$282.00$282.00$282.00
Total monthly$436.17$2,578.48$2,781.15
Cash to close$368,570$36,857$36,857