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$405,432$405,432$485,991
Remaining term (yrs)25.625.630.0
Secondary amount$0$80,559$0
Funding fee$2,027$2,027$0
Note rate5.100%5.100%7.400%
Blended rate5.100%5.746%7.640%
1st payment$2,359.40$2,359.40$3,364.90
2nd payment$0.00$604.19$0.00
Taxes / mo$401.17$401.17$401.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$50.00$50.00$50.00
Total monthly$2,977.24$3,581.43$4,079.94
Cash to close$134,558$53,999$53,999