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$428,848$428,848$539,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$111,062$0
Funding fee$2,144$2,144$0
Note rate4.420%4.420%7.400%
Blended rate4.420%5.156%7.640%
1st payment$2,326.63$2,326.63$3,738.23
2nd payment$0.00$740.42$0.00
Taxes / mo$158.58$158.58$158.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,651.88$3,392.29$4,171.46
Cash to close$171,052$59,990$59,990