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$281,677$281,677$328,499
Remaining term (yrs)27.327.330.0
Secondary amount$0$46,822$0
Funding fee$1,408$1,408$0
Note rate6.820%6.820%7.320%
Blended rate6.820%7.131%7.560%
1st payment$1,894.45$1,894.45$2,256.56
2nd payment$0.00$351.16$0.00
Taxes / mo$153.25$153.25$153.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,197.70$2,548.86$2,625.51
Cash to close$83,322$36,500$36,500