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$389,119$389,119$521,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$131,981$0
Funding fee$1,946$1,946$0
Note rate2.720%2.720%7.320%
Blended rate2.720%4.057%7.560%
1st payment$1,823.35$1,823.35$3,579.60
2nd payment$0.00$879.87$0.00
Taxes / mo$482.50$482.50$482.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.22
HOA / mo$641.00$641.00$641.00
Total monthly$3,113.52$3,993.39$4,973.98
Cash to close$189,881$57,900$57,900