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$365,770$365,770$607,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$241,730$0
Funding fee$1,829$1,829$0
Note rate3.080%3.080%7.400%
Blended rate3.080%4.938%7.640%
1st payment$1,765.50$1,765.50$4,206.21
2nd payment$0.00$1,561.18$0.00
Taxes / mo$188.50$188.50$188.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$35.42$35.42$35.42
Total monthly$2,156.08$3,717.26$4,718.29
Cash to close$309,230$67,500$67,500