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$386,164$386,164$517,410
Remaining term (yrs)25.525.530.0
Secondary amount$0$131,246$0
Funding fee$1,931$1,931$0
Note rate4.720%4.720%7.400%
Blended rate4.720%5.552%7.640%
1st payment$2,165.14$2,165.14$3,582.44
2nd payment$0.00$874.97$0.00
Taxes / mo$612.08$612.08$612.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.48
HOA / mo$459.67$459.67$459.67
Total monthly$3,403.56$4,278.53$4,924.34
Cash to close$188,736$57,490$57,490