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$367,869$367,869$472,500
Remaining term (yrs)29.629.630.0
Secondary amount$0$104,631$0
Funding fee$1,839$1,839$0
Note rate6.370%6.370%7.400%
Blended rate6.370%6.731%7.640%
1st payment$2,300.25$2,300.25$3,271.49
2nd payment$0.00$697.54$0.00
Taxes / mo$28.92$28.92$28.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,495.83$3,193.38$3,561.58
Cash to close$157,131$52,500$52,500