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$292,321$292,321$359,910
Remaining term (yrs)28.928.930.0
Secondary amount$0$67,589$0
Funding fee$1,462$1,462$0
Note rate6.750%6.750%7.320%
Blended rate6.750%7.173%7.560%
1st payment$1,916.41$1,916.41$2,472.33
2nd payment$0.00$506.92$0.00
Taxes / mo$333.25$333.25$333.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$57.00$57.00$57.00
Total monthly$2,456.66$2,963.58$3,084.56
Cash to close$107,579$39,990$39,990