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$236,096$236,096$304,200
Remaining term (yrs)24.824.830.0
Secondary amount$0$68,104$0
Funding fee$1,180$1,180$0
Note rate2.980%2.980%7.400%
Blended rate2.980%4.328%7.640%
1st payment$1,119.66$1,119.66$2,106.22
2nd payment$0.00$510.78$0.00
Taxes / mo$281.67$281.67$281.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.84
HOA / mo$216.00$216.00$216.00
Total monthly$1,767.33$2,278.10$2,814.73
Cash to close$101,904$33,800$33,800