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$282,945$282,945$388,800
Remaining term (yrs)23.423.430.0
Secondary amount$0$105,855$0
Funding fee$1,415$1,415$0
Note rate3.600%3.600%7.400%
Blended rate3.600%4.798%7.640%
1st payment$1,488.33$1,488.33$2,691.97
2nd payment$0.00$705.70$0.00
Taxes / mo$149.74$149.74$149.74
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.76
HOA / mo$0.00$0.00$0.00
Total monthly$1,788.07$2,493.77$3,069.48
Cash to close$149,055$43,200$43,200