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$353,708$353,708$399,600
Remaining term (yrs)25.925.930.0
Secondary amount$0$45,892$0
Funding fee$1,769$1,769$0
Note rate5.550%5.550%7.400%
Blended rate5.550%5.946%7.640%
1st payment$2,140.99$2,140.99$2,766.75
2nd payment$0.00$344.19$0.00
Taxes / mo$95.52$95.52$95.52
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.92
HOA / mo$0.00$0.00$0.00
Total monthly$2,386.51$2,730.70$3,092.19
Cash to close$90,292$44,400$44,400