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$359,626$359,626$364,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$25,124$0
Funding fee$1,798$1,798$0
Note rate5.520%5.520%7.400%
Blended rate5.520%5.935%7.640%
1st payment$2,176.54$2,176.54$2,523.72
2nd payment$0.00$248.62$0.00
Taxes / mo$315.59$315.59$315.59
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.90
HOA / mo$112.00$112.00$112.00
Total monthly$2,754.13$3,002.75$3,174.21
Cash to close$45,374$20,250$40,500