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$257,968$257,968$292,455
Remaining term (yrs)27.327.330.0
Secondary amount$0$34,487$0
Funding fee$1,290$1,290$0
Note rate6.820%6.820%7.400%
Blended rate6.820%7.077%7.640%
1st payment$1,734.99$1,734.99$2,024.90
2nd payment$0.00$258.65$0.00
Taxes / mo$570.83$570.83$570.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.49
HOA / mo$0.00$0.00$0.00
Total monthly$2,455.82$2,714.48$2,804.22
Cash to close$66,982$32,495$32,495