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$307,937$307,937$346,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$38,563$0
Funding fee$1,540$1,540$0
Note rate4.980%4.980%7.400%
Blended rate4.980%5.427%7.640%
1st payment$1,767.48$1,767.48$2,399.10
2nd payment$0.00$289.23$0.00
Taxes / mo$320.83$320.83$320.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,238.31$2,527.54$2,939.23
Cash to close$77,063$38,500$38,500