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$234,752$234,752$528,750
Remaining term (yrs)29.229.230.0
Secondary amount$0$293,998$0
Funding fee$1,174$1,174$0
Note rate6.260%6.260%7.320%
Blended rate6.260%7.088%7.560%
1st payment$1,458.18$1,458.18$3,632.15
2nd payment$0.00$1,898.74$0.00
Taxes / mo$234.83$234.83$234.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.75
HOA / mo$0.00$0.00$0.00
Total monthly$1,859.68$3,758.42$4,139.40
Cash to close$352,748$58,750$58,750