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$336,790$336,790$346,410
Remaining term (yrs)25.325.330.0
Secondary amount$0$28,865$0
Funding fee$1,684$1,684$0
Note rate3.220%3.220%7.400%
Blended rate3.220%3.903%7.640%
1st payment$1,618.45$1,618.45$2,398.47
2nd payment$0.00$285.64$0.00
Taxes / mo$163.33$163.33$163.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.28
HOA / mo$37.50$37.50$37.50
Total monthly$1,969.28$2,254.92$2,818.59
Cash to close$48,110$19,245$38,490