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$327,328$327,328$449,999
Remaining term (yrs)27.327.330.0
Secondary amount$0$122,671$0
Funding fee$1,637$1,637$0
Note rate6.820%6.820%7.400%
Blended rate6.820%7.142%7.640%
1st payment$2,201.48$2,201.48$3,115.70
2nd payment$0.00$817.81$0.00
Taxes / mo$345.67$345.67$345.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$109.00$109.00$109.00
Total monthly$2,822.81$3,640.62$3,827.04
Cash to close$172,671$50,000$50,000