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$336,962$336,962$378,000
Remaining term (yrs)28.528.530.0
Secondary amount$0$41,038$0
Funding fee$1,685$1,685$0
Note rate6.620%6.620%7.400%
Blended rate6.620%6.878%7.640%
1st payment$2,188.73$2,188.73$2,617.20
2nd payment$0.00$307.78$0.00
Taxes / mo$273.00$273.00$273.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,611.73$2,919.52$3,115.80
Cash to close$83,038$42,000$42,000