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$204,104$204,104$287,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$82,996$0
Funding fee$1,021$1,021$0
Note rate3.260%3.260%7.320%
Blended rate3.260%4.919%7.560%
1st payment$1,029.75$1,029.75$1,972.18
2nd payment$0.00$622.47$0.00
Taxes / mo$265.83$265.83$265.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.42
HOA / mo$27.00$27.00$27.00
Total monthly$1,472.58$2,095.05$2,472.43
Cash to close$114,896$31,900$31,900