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$418,854$418,854$449,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$30,246$0
Funding fee$2,094$2,094$0
Note rate6.920%6.920%7.400%
Blended rate6.920%7.060%7.640%
1st payment$2,824.54$2,824.54$3,109.48
2nd payment$0.00$226.84$0.00
Taxes / mo$46.53$46.53$46.53
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,037.73$3,264.57$3,412.49
Cash to close$80,146$49,900$49,900