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$355,355$355,355$442,800
Remaining term (yrs)23.623.630.0
Secondary amount$0$87,445$0
Funding fee$1,777$1,777$0
Note rate3.000%3.000%7.320%
Blended rate3.000%4.185%7.560%
1st payment$1,744.85$1,744.85$3,041.73
2nd payment$0.00$655.84$0.00
Taxes / mo$470.17$470.17$470.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.56
HOA / mo$0.00$0.00$0.00
Total monthly$2,381.69$3,037.53$3,767.12
Cash to close$136,645$49,200$49,200