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$223,241$223,241$314,100
Remaining term (yrs)23.523.530.0
Secondary amount$0$90,859$0
Funding fee$1,116$1,116$0
Note rate3.470%3.470%7.400%
Blended rate3.470%5.070%7.640%
1st payment$1,153.59$1,153.59$2,174.76
2nd payment$0.00$681.44$0.00
Taxes / mo$227.92$227.92$227.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$432.00$432.00$432.00
Total monthly$1,963.51$2,644.95$3,047.50
Cash to close$125,759$34,900$34,900