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$415,725$415,725$539,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$123,375$0
Funding fee$2,079$2,079$0
Note rate4.160%4.160%7.400%
Blended rate4.160%5.039%7.640%
1st payment$2,198.34$2,198.34$3,732.62
2nd payment$0.00$822.50$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$160.00$160.00$160.00
Total monthly$3,024.17$3,846.67$4,666.27
Cash to close$183,275$59,900$59,900