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$374,056$374,056$382,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$29,694$0
Funding fee$1,870$1,870$0
Note rate3.850%3.850%7.320%
Blended rate3.850%4.440%7.560%
1st payment$1,913.57$1,913.57$2,627.51
2nd payment$0.00$293.84$0.00
Taxes / mo$354.17$354.17$354.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$160.00$160.00$160.00
Total monthly$2,577.73$2,871.58$3,368.18
Cash to close$50,944$21,250$42,500