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$345,548$345,548$400,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$54,952$0
Funding fee$1,728$1,728$0
Note rate3.120%3.120%7.320%
Blended rate3.120%3.927%7.560%
1st payment$1,642.31$1,642.31$2,751.16
2nd payment$0.00$412.14$0.00
Taxes / mo$370.83$370.83$370.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.10
HOA / mo$8.33$8.33$8.33
Total monthly$2,171.48$2,583.62$3,360.42
Cash to close$99,452$44,500$44,500