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$379,810$379,810$535,050
Remaining term (yrs)24.524.530.0
Secondary amount$0$155,240$0
Funding fee$1,899$1,899$0
Note rate3.130%3.130%7.400%
Blended rate3.130%4.543%7.640%
1st payment$1,843.18$1,843.18$3,704.58
2nd payment$0.00$1,034.93$0.00
Taxes / mo$268.42$268.42$268.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.01
HOA / mo$275.00$275.00$275.00
Total monthly$2,553.27$3,588.20$4,521.67
Cash to close$214,690$59,450$59,450