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$319,371$319,371$369,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$49,629$0
Funding fee$1,597$1,597$0
Note rate5.220%5.220%7.400%
Blended rate5.220%5.728%7.640%
1st payment$1,869.86$1,869.86$2,554.88
2nd payment$0.00$372.21$0.00
Taxes / mo$365.60$365.60$365.60
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$5.42$5.42$5.42
Total monthly$2,390.88$2,763.09$3,149.70
Cash to close$90,629$41,000$41,000