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$282,066$282,066$319,410
Remaining term (yrs)25.825.830.0
Secondary amount$0$37,344$0
Funding fee$1,410$1,410$0
Note rate5.520%5.520%7.400%
Blended rate5.520%5.927%7.640%
1st payment$1,707.13$1,707.13$2,211.53
2nd payment$0.00$280.08$0.00
Taxes / mo$295.75$295.75$295.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.88
HOA / mo$0.00$0.00$0.00
Total monthly$2,152.88$2,432.96$2,721.16
Cash to close$72,834$35,490$35,490