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$345,852$345,852$359,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$33,198$0
Funding fee$1,729$1,729$0
Note rate2.780%2.780%7.400%
Blended rate2.780%3.577%7.640%
1st payment$1,635.11$1,635.11$2,486.34
2nd payment$0.00$328.52$0.00
Taxes / mo$171.08$171.08$171.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$677.00$677.00$677.00
Total monthly$2,633.19$2,961.71$3,556.24
Cash to close$53,148$19,950$39,900