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$266,036$266,036$418,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$152,464$0
Funding fee$1,330$1,330$0
Note rate2.890%2.890%7.320%
Blended rate2.890%4.752%7.560%
1st payment$1,275.77$1,275.77$2,874.80
2nd payment$0.00$1,016.43$0.00
Taxes / mo$174.15$174.15$174.15
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$12.50$12.50$12.50
Total monthly$1,629.08$2,645.51$3,311.82
Cash to close$198,964$46,500$46,500