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$301,680$301,680$449,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$147,420$0
Funding fee$1,508$1,508$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.487%7.640%
1st payment$1,414.54$1,414.54$3,109.48
2nd payment$0.00$982.80$0.00
Taxes / mo$28.67$28.67$28.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$10.42$10.42$10.42
Total monthly$1,620.29$2,603.09$3,405.05
Cash to close$197,320$49,900$49,900