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$358,279$358,279$395,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$37,631$0
Funding fee$1,791$1,791$0
Note rate2.980%2.980%7.320%
Blended rate2.980%3.552%7.560%
1st payment$1,699.09$1,699.09$2,719.63
2nd payment$0.00$282.23$0.00
Taxes / mo$169.83$169.83$169.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$90.00$90.00$90.00
Total monthly$2,108.93$2,391.16$3,208.64
Cash to close$81,621$43,990$43,990