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$269,061$269,061$566,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$297,849$0
Funding fee$1,345$1,345$0
Note rate2.730%2.730%7.320%
Blended rate2.730%5.367%7.560%
1st payment$1,253.10$1,253.10$3,894.28
2nd payment$0.00$1,923.61$0.00
Taxes / mo$524.92$524.92$524.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.38
HOA / mo$346.00$346.00$346.00
Total monthly$2,290.69$4,214.30$5,045.24
Cash to close$360,839$62,990$62,990