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$336,640$336,640$350,999
Remaining term (yrs)26.326.330.0
Secondary amount$0$33,859$0
Funding fee$1,683$1,683$0
Note rate6.420%6.420%7.400%
Blended rate6.420%6.919%7.640%
1st payment$2,207.83$2,207.83$2,430.25
2nd payment$0.00$335.07$0.00
Taxes / mo$136.42$136.42$136.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$45.00$45.00$45.00
Total monthly$2,539.24$2,874.31$2,831.86
Cash to close$53,359$19,500$39,000