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$344,849$344,849$448,200
Remaining term (yrs)26.926.930.0
Secondary amount$0$103,351$0
Funding fee$1,724$1,724$0
Note rate7.070%7.070%7.320%
Blended rate7.070%7.284%7.560%
1st payment$2,385.24$2,385.24$3,078.82
2nd payment$0.00$689.00$0.00
Taxes / mo$415.00$415.00$415.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.64
HOA / mo$62.00$62.00$62.00
Total monthly$3,028.90$3,717.91$3,812.13
Cash to close$153,151$49,800$49,800