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$437,977$437,977$449,910
Remaining term (yrs)27.027.030.0
Secondary amount$0$36,928$0
Funding fee$2,190$2,190$0
Note rate7.440%7.440%7.400%
Blended rate7.440%7.785%7.640%
1st payment$3,133.19$3,133.19$3,115.09
2nd payment$0.00$365.44$0.00
Taxes / mo$448.08$448.08$448.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$100.00$100.00$100.00
Total monthly$3,847.94$4,213.38$3,919.82
Cash to close$61,923$24,995$49,990