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$367,209$367,209$386,910
Remaining term (yrs)28.928.930.0
Secondary amount$0$41,196$0
Funding fee$1,836$1,836$0
Note rate6.500%6.500%7.320%
Blended rate6.500%7.042%7.560%
1st payment$2,344.97$2,344.97$2,657.80
2nd payment$0.00$407.67$0.00
Taxes / mo$288.42$288.42$288.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.38
HOA / mo$44.17$44.17$44.17
Total monthly$2,827.56$3,235.23$3,217.77
Cash to close$62,691$21,495$42,990