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$404,612$404,612$431,910
Remaining term (yrs)26.426.430.0
Secondary amount$0$27,298$0
Funding fee$2,023$2,023$0
Note rate3.890%3.890%7.400%
Blended rate3.890%4.213%7.640%
1st payment$2,037.13$2,037.13$2,990.46
2nd payment$0.00$204.73$0.00
Taxes / mo$220.33$220.33$220.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.38
HOA / mo$37.50$37.50$37.50
Total monthly$2,461.63$2,666.36$3,501.34
Cash to close$75,288$47,990$47,990