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$207,138$207,138$234,000
Remaining term (yrs)27.627.630.0
Secondary amount$0$26,862$0
Funding fee$1,036$1,036$0
Note rate7.220%7.220%7.400%
Blended rate7.220%7.424%7.640%
1st payment$1,441.90$1,441.90$1,620.17
2nd payment$0.00$201.46$0.00
Taxes / mo$216.67$216.67$216.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,808.57$2,010.03$2,033.64
Cash to close$52,862$26,000$26,000