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$369,346$369,346$522,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$152,654$0
Funding fee$1,847$1,847$0
Note rate3.020%3.020%7.320%
Blended rate3.020%4.476%7.560%
1st payment$1,775.27$1,775.27$3,585.78
2nd payment$0.00$1,017.69$0.00
Taxes / mo$462.75$462.75$462.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.40
HOA / mo$27.50$27.50$27.50
Total monthly$2,432.19$3,449.88$4,347.09
Cash to close$210,654$58,000$58,000