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$346,295$346,295$359,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$32,755$0
Funding fee$1,731$1,731$0
Note rate2.840%2.840%7.320%
Blended rate2.840%3.621%7.560%
1st payment$1,609.81$1,609.81$2,466.77
2nd payment$0.00$324.14$0.00
Taxes / mo$113.42$113.42$113.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,873.23$2,197.37$2,802.00
Cash to close$52,705$19,950$39,900