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$384,962$384,962$400,410
Remaining term (yrs)27.527.530.0
Secondary amount$0$37,693$0
Funding fee$1,925$1,925$0
Note rate6.880%6.880%7.320%
Blended rate6.880%7.325%7.560%
1st payment$2,596.19$2,596.19$2,750.54
2nd payment$0.00$373.00$0.00
Taxes / mo$112.75$112.75$112.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.08
HOA / mo$0.00$0.00$0.00
Total monthly$2,858.94$3,231.94$3,093.37
Cash to close$59,938$22,245$44,490