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$372,631$372,631$485,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$113,279$0
Funding fee$1,863$1,863$0
Note rate2.670%2.670%7.400%
Blended rate2.670%3.913%7.640%
1st payment$1,732.42$1,732.42$3,364.34
2nd payment$0.00$755.19$0.00
Taxes / mo$199.00$199.00$199.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,098.09$2,853.28$3,827.19
Cash to close$167,269$53,990$53,990