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$170,784$170,784$427,500
Remaining term (yrs)9.19.130.0
Secondary amount$0$256,716$0
Funding fee$854$854$0
Note rate2.800%2.800%7.400%
Blended rate2.800%5.773%7.640%
1st payment$1,748.22$1,748.22$2,959.92
2nd payment$0.00$1,657.96$0.00
Taxes / mo$784.25$784.25$784.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$86.33$86.33$86.33
Total monthly$2,785.46$4,443.42$4,082.67
Cash to close$304,216$47,500$47,500