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$236,802$236,802$449,100
Remaining term (yrs)22.322.330.0
Secondary amount$0$212,298$0
Funding fee$1,184$1,184$0
Note rate4.280%4.280%7.320%
Blended rate4.280%5.920%7.560%
1st payment$1,367.54$1,367.54$3,085.01
2nd payment$0.00$1,371.09$0.00
Taxes / mo$148.49$148.49$148.49
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$8.33$8.33$8.33
Total monthly$1,691.03$3,062.12$3,498.31
Cash to close$262,198$49,900$49,900