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$337,021$337,021$476,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$139,889$0
Funding fee$1,685$1,685$0
Note rate3.400%3.400%7.400%
Blended rate3.400%4.749%7.640%
1st payment$1,733.06$1,733.06$3,302.03
2nd payment$0.00$932.60$0.00
Taxes / mo$357.17$357.17$357.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,256.90$3,189.49$3,921.24
Cash to close$192,879$52,990$52,990