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$544,441$544,441$567,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$54,059$0
Funding fee$2,722$2,722$0
Note rate3.450%3.450%7.320%
Blended rate3.450%4.211%7.560%
1st payment$2,677.55$2,677.55$3,894.90
2nd payment$0.00$534.96$0.00
Taxes / mo$437.42$437.42$437.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.40
HOA / mo$56.00$56.00$56.00
Total monthly$3,337.63$3,872.59$4,668.38
Cash to close$85,559$31,500$63,000