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$354,154$354,154$463,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$109,346$0
Funding fee$1,771$1,771$0
Note rate6.420%6.420%7.400%
Blended rate6.420%6.793%7.640%
1st payment$2,319.91$2,319.91$3,209.18
2nd payment$0.00$728.97$0.00
Taxes / mo$429.17$429.17$429.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$575.00$575.00$575.00
Total monthly$3,490.74$4,219.71$4,472.71
Cash to close$160,846$51,500$51,500