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$446,909$446,909$449,100
Remaining term (yrs)25.325.330.0
Secondary amount$0$27,141$0
Funding fee$2,235$2,235$0
Note rate3.120%3.120%7.400%
Blended rate3.120%3.621%7.640%
1st payment$2,124.06$2,124.06$3,109.48
2nd payment$0.00$268.59$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$0.00$0.00$0.00
Total monthly$2,706.56$2,975.14$3,781.80
Cash to close$52,091$24,950$49,900