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$300,379$300,379$359,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$58,721$0
Funding fee$1,502$1,502$0
Note rate2.680%2.680%7.400%
Blended rate2.680%3.713%7.640%
1st payment$1,394.67$1,394.67$2,486.34
2nd payment$0.00$440.41$0.00
Taxes / mo$191.67$191.67$191.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,736.33$2,176.74$2,899.82
Cash to close$98,621$39,900$39,900