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$369,361$369,361$434,700
Remaining term (yrs)25.225.230.0
Secondary amount$0$65,339$0
Funding fee$1,847$1,847$0
Note rate3.070%3.070%7.400%
Blended rate3.070%3.961%7.640%
1st payment$1,749.59$1,749.59$3,009.77
2nd payment$0.00$490.04$0.00
Taxes / mo$115.83$115.83$115.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.94
HOA / mo$0.00$0.00$0.00
Total monthly$2,032.09$2,522.13$3,379.21
Cash to close$113,639$48,300$48,300