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$361,776$361,776$395,100
Remaining term (yrs)28.028.030.0
Secondary amount$0$33,324$0
Funding fee$1,809$1,809$0
Note rate6.080%6.080%7.320%
Blended rate6.080%6.326%7.560%
1st payment$2,238.61$2,238.61$2,714.06
2nd payment$0.00$249.93$0.00
Taxes / mo$90.42$90.42$90.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,479.03$2,728.96$3,033.50
Cash to close$77,224$43,900$43,900