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$346,759$346,759$355,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$28,491$0
Funding fee$1,734$1,734$0
Note rate3.690%3.690%7.320%
Blended rate3.690%4.311%7.560%
1st payment$1,746.93$1,746.93$2,442.04
2nd payment$0.00$281.94$0.00
Taxes / mo$412.17$412.17$412.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$6.25$6.25$6.25
Total monthly$2,315.34$2,597.28$3,081.56
Cash to close$48,241$19,750$39,500