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$358,709$358,709$602,910
Remaining term (yrs)22.622.630.0
Secondary amount$0$244,201$0
Funding fee$1,794$1,794$0
Note rate4.270%4.270%7.400%
Blended rate4.270%5.680%7.640%
1st payment$2,056.05$2,056.05$4,174.43
2nd payment$0.00$1,577.13$0.00
Taxes / mo$385.92$385.92$385.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.58
HOA / mo$105.00$105.00$105.00
Total monthly$2,713.64$4,290.77$4,952.59
Cash to close$311,191$66,990$66,990