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$346,547$346,547$449,910
Remaining term (yrs)27.327.330.0
Secondary amount$0$103,363$0
Funding fee$1,733$1,733$0
Note rate6.610%6.610%7.320%
Blended rate6.610%6.929%7.560%
1st payment$2,283.65$2,283.65$3,090.57
2nd payment$0.00$689.08$0.00
Taxes / mo$305.42$305.42$305.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,755.73$3,444.82$3,652.63
Cash to close$153,353$49,990$49,990