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$418,643$418,643$449,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$30,457$0
Funding fee$2,093$2,093$0
Note rate2.720%2.720%7.320%
Blended rate2.720%3.146%7.560%
1st payment$1,961.70$1,961.70$3,085.01
2nd payment$0.00$228.43$0.00
Taxes / mo$415.83$415.83$415.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$525.00$525.00$525.00
Total monthly$3,069.20$3,297.62$4,282.33
Cash to close$80,357$49,900$49,900