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$338,640$338,640$345,600
Remaining term (yrs)27.727.730.0
Secondary amount$0$26,160$0
Funding fee$1,693$1,693$0
Note rate7.060%7.060%7.400%
Blended rate7.060%7.405%7.640%
1st payment$2,319.25$2,319.25$2,392.86
2nd payment$0.00$258.88$0.00
Taxes / mo$106.83$106.83$106.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.12
HOA / mo$0.00$0.00$0.00
Total monthly$2,576.09$2,834.97$2,718.82
Cash to close$45,360$19,200$38,400