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$299,509$299,509$323,100
Remaining term (yrs)26.126.130.0
Secondary amount$0$41,541$0
Funding fee$1,498$1,498$0
Note rate6.900%6.900%7.400%
Blended rate6.900%7.506%7.640%
1st payment$2,060.76$2,060.76$2,237.08
2nd payment$0.00$411.08$0.00
Taxes / mo$208.56$208.56$208.56
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.62
HOA / mo$8.33$8.33$8.33
Total monthly$2,427.65$2,838.73$2,668.59
Cash to close$59,491$17,950$35,900