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$368,140$368,140$387,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$40,360$0
Funding fee$1,841$1,841$0
Note rate4.720%4.720%7.320%
Blended rate4.720%5.427%7.560%
1st payment$2,060.65$2,060.65$2,658.42
2nd payment$0.00$399.39$0.00
Taxes / mo$358.33$358.33$358.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$16.67$16.67$16.67
Total monthly$2,585.65$2,985.04$3,260.82
Cash to close$61,860$21,500$43,000