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$364,821$364,821$557,999
Remaining term (yrs)23.423.430.0
Secondary amount$0$193,178$0
Funding fee$1,824$1,824$0
Note rate3.200%3.200%7.400%
Blended rate3.200%4.862%7.640%
1st payment$1,837.80$1,837.80$3,863.47
2nd payment$0.00$1,287.85$0.00
Taxes / mo$454.50$454.50$454.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.60
HOA / mo$74.00$74.00$74.00
Total monthly$2,532.96$3,820.82$4,670.24
Cash to close$255,178$62,000$62,000