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$395,359$395,359$400,410
Remaining term (yrs)28.928.930.0
Secondary amount$0$27,296$0
Funding fee$1,977$1,977$0
Note rate6.300%6.300%7.400%
Blended rate6.300%6.660%7.640%
1st payment$2,473.42$2,473.42$2,772.36
2nd payment$0.00$270.11$0.00
Taxes / mo$233.42$233.42$233.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.08
HOA / mo$11.25$11.25$11.25
Total monthly$2,868.08$3,138.20$3,247.11
Cash to close$49,541$22,245$44,490