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$370,810$370,810$539,910
Remaining term (yrs)22.722.730.0
Secondary amount$0$169,100$0
Funding fee$1,854$1,854$0
Note rate4.070%4.070%7.400%
Blended rate4.070%5.301%7.640%
1st payment$2,080.31$2,080.31$3,738.23
2nd payment$0.00$1,127.34$0.00
Taxes / mo$499.92$499.92$499.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$260.00$260.00$260.00
Total monthly$3,006.89$4,134.23$4,772.79
Cash to close$229,090$59,990$59,990