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$439,922$439,922$485,550
Remaining term (yrs)26.326.330.0
Secondary amount$0$45,628$0
Funding fee$2,200$2,200$0
Note rate5.500%5.500%7.320%
Blended rate5.500%5.829%7.560%
1st payment$2,634.54$2,634.54$3,335.39
2nd payment$0.00$342.21$0.00
Taxes / mo$525.17$525.17$525.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.11
HOA / mo$35.00$35.00$35.00
Total monthly$3,361.37$3,703.59$4,159.33
Cash to close$99,578$53,950$53,950