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$426,062$426,062$542,700
Remaining term (yrs)26.126.130.0
Secondary amount$0$116,638$0
Funding fee$2,130$2,130$0
Note rate6.660%6.660%7.320%
Blended rate6.660%6.948%7.560%
1st payment$2,865.96$2,865.96$3,727.97
2nd payment$0.00$777.59$0.00
Taxes / mo$537.75$537.75$537.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.54
HOA / mo$205.00$205.00$205.00
Total monthly$3,775.38$4,552.97$4,745.93
Cash to close$176,938$60,300$60,300