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$306,769$306,769$350,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$44,141$0
Funding fee$1,534$1,534$0
Note rate2.680%2.680%7.320%
Blended rate2.680%3.475%7.560%
1st payment$1,427.77$1,427.77$2,410.51
2nd payment$0.00$331.06$0.00
Taxes / mo$200.75$200.75$200.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,778.52$2,109.58$2,831.44
Cash to close$83,131$38,990$38,990