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$276,805$276,805$441,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$164,195$0
Funding fee$1,384$1,384$0
Note rate3.620%3.620%7.400%
Blended rate3.620%5.251%7.640%
1st payment$1,475.71$1,475.71$3,053.39
2nd payment$0.00$1,094.63$0.00
Taxes / mo$244.83$244.83$244.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$35.00$35.00$35.00
Total monthly$1,922.21$3,016.85$3,588.09
Cash to close$213,195$49,000$49,000