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$444,243$444,243$449,999
Remaining term (yrs)26.526.530.0
Secondary amount$0$30,756$0
Funding fee$2,221$2,221$0
Note rate6.540%6.540%7.320%
Blended rate6.540%6.885%7.560%
1st payment$2,937.01$2,937.01$3,091.18
2nd payment$0.00$304.36$0.00
Taxes / mo$186.17$186.17$186.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$115.00$115.00$115.00
Total monthly$3,404.84$3,709.20$3,649.01
Cash to close$55,756$25,000$50,000