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$306,624$306,624$448,650
Remaining term (yrs)23.823.830.0
Secondary amount$0$142,026$0
Funding fee$1,533$1,533$0
Note rate3.240%3.240%7.400%
Blended rate3.240%4.747%7.640%
1st payment$1,536.62$1,536.62$3,106.36
2nd payment$0.00$946.84$0.00
Taxes / mo$415.42$415.42$415.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.73
HOA / mo$0.00$0.00$0.00
Total monthly$2,118.71$3,065.55$3,778.18
Cash to close$191,876$49,850$49,850