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$348,202$348,202$404,100
Remaining term (yrs)25.025.030.0
Secondary amount$0$55,898$0
Funding fee$1,741$1,741$0
Note rate2.900%2.900%7.400%
Blended rate2.900%3.744%7.640%
1st payment$1,625.79$1,625.79$2,797.91
2nd payment$0.00$419.23$0.00
Taxes / mo$731.51$731.51$731.51
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$8.33$8.33$8.33
Total monthly$2,515.63$2,934.87$3,768.57
Cash to close$100,798$44,900$44,900