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$217,776$217,776$256,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$38,724$0
Funding fee$1,089$1,089$0
Note rate3.450%3.450%7.320%
Blended rate3.450%4.288%7.560%
1st payment$1,071.02$1,071.02$1,761.98
2nd payment$0.00$290.43$0.00
Taxes / mo$237.50$237.50$237.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$33.00$33.00$33.00
Total monthly$1,491.52$1,781.95$2,233.78
Cash to close$67,224$28,500$28,500