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$329,440$329,440$348,210
Remaining term (yrs)25.925.930.0
Secondary amount$0$38,115$0
Funding fee$1,647$1,647$0
Note rate5.220%5.220%7.400%
Blended rate5.220%5.910%7.640%
1st payment$1,931.72$1,931.72$2,410.94
2nd payment$0.00$377.17$0.00
Taxes / mo$226.92$226.92$226.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.64
HOA / mo$29.50$29.50$29.50
Total monthly$2,338.13$2,715.31$2,886.99
Cash to close$57,460$19,345$38,690