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$181,742$181,742$270,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$88,258$0
Funding fee$909$909$0
Note rate2.250%2.250%7.400%
Blended rate2.250%4.456%7.640%
1st payment$804.69$804.69$1,869.43
2nd payment$0.00$661.94$0.00
Taxes / mo$159.33$159.33$159.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$0.83$0.83$0.83
Total monthly$1,114.86$1,776.79$2,233.59
Cash to close$118,258$30,000$30,000