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$458,204$458,204$517,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$59,296$0
Funding fee$2,291$2,291$0
Note rate3.850%3.850%7.320%
Blended rate3.850%4.440%7.560%
1st payment$2,344.04$2,344.04$3,554.87
2nd payment$0.00$444.72$0.00
Taxes / mo$91.70$91.70$91.70
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,602.41$3,047.13$3,916.74
Cash to close$116,796$57,500$57,500