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$263,628$263,628$337,410
Remaining term (yrs)24.124.130.0
Secondary amount$0$73,782$0
Funding fee$1,318$1,318$0
Note rate2.890%2.890%7.320%
Blended rate2.890%4.226%7.560%
1st payment$1,261.22$1,261.22$2,317.77
2nd payment$0.00$553.36$0.00
Taxes / mo$312.42$312.42$312.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.48
HOA / mo$572.00$572.00$572.00
Total monthly$2,295.63$2,849.00$3,419.67
Cash to close$111,272$37,490$37,490