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$259,148$259,148$323,910
Remaining term (yrs)26.426.430.0
Secondary amount$0$64,762$0
Funding fee$1,296$1,296$0
Note rate6.270%6.270%7.320%
Blended rate6.270%6.816%7.560%
1st payment$1,673.05$1,673.05$2,225.04
2nd payment$0.00$485.71$0.00
Taxes / mo$299.92$299.92$299.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$12.25$12.25$12.25
Total monthly$2,135.21$2,620.92$2,751.99
Cash to close$100,752$35,990$35,990