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$363,879$363,879$517,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$153,621$0
Funding fee$1,819$1,819$0
Note rate2.550%2.550%7.400%
Blended rate2.550%4.168%7.640%
1st payment$1,637.70$1,637.70$3,583.07
2nd payment$0.00$1,024.14$0.00
Taxes / mo$445.58$445.58$445.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$45.00$45.00$45.00
Total monthly$2,294.95$3,319.09$4,343.82
Cash to close$211,121$57,500$57,500