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$390,727$390,727$629,910
Remaining term (yrs)27.227.230.0
Secondary amount$0$239,183$0
Funding fee$1,954$1,954$0
Note rate7.620%7.620%7.320%
Blended rate7.620%7.669%7.560%
1st payment$2,836.87$2,836.87$4,327.04
2nd payment$0.00$1,544.72$0.00
Taxes / mo$133.75$133.75$133.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,137.29$4,682.01$4,753.44
Cash to close$309,173$69,990$69,990