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$440,012$440,012$539,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$99,088$0
Funding fee$2,200$2,200$0
Note rate4.990%4.990%7.400%
Blended rate4.990%5.727%7.640%
1st payment$2,520.19$2,520.19$3,732.62
2nd payment$0.00$743.16$0.00
Taxes / mo$142.33$142.33$142.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,829.19$3,572.35$4,149.44
Cash to close$158,988$59,900$59,900