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$329,432$329,432$445,950
Remaining term (yrs)27.927.930.0
Secondary amount$0$116,518$0
Funding fee$1,647$1,647$0
Note rate6.350%6.350%7.320%
Blended rate6.350%6.781%7.560%
1st payment$2,097.46$2,097.46$3,063.37
2nd payment$0.00$776.78$0.00
Taxes / mo$412.92$412.92$412.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.19
HOA / mo$30.00$30.00$30.00
Total monthly$2,707.04$3,483.82$3,762.14
Cash to close$166,068$49,550$49,550