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$419,826$419,826$561,600
Remaining term (yrs)28.728.730.0
Secondary amount$0$141,774$0
Funding fee$2,099$2,099$0
Note rate6.890%6.890%7.400%
Blended rate6.890%7.170%7.640%
1st payment$2,796.21$2,796.21$3,888.40
2nd payment$0.00$945.16$0.00
Taxes / mo$153.17$153.17$153.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.32
HOA / mo$12.50$12.50$12.50
Total monthly$3,128.54$4,073.70$4,333.06
Cash to close$204,174$62,400$62,400