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$309,580$309,580$396,000
Remaining term (yrs)33.733.730.0
Secondary amount$0$86,420$0
Funding fee$1,548$1,548$0
Note rate2.800%2.800%7.400%
Blended rate2.800%4.153%7.640%
1st payment$1,180.71$1,180.71$2,741.82
2nd payment$0.00$648.15$0.00
Taxes / mo$251.17$251.17$251.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,581.87$2,230.02$3,222.19
Cash to close$130,420$44,000$44,000