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$287,163$287,163$315,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$27,837$0
Funding fee$1,436$1,436$0
Note rate2.880%2.880%7.320%
Blended rate2.880%3.421%7.560%
1st payment$1,337.82$1,337.82$2,163.83
2nd payment$0.00$208.78$0.00
Taxes / mo$291.67$291.67$291.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$615.00$615.00$615.00
Total monthly$2,394.49$2,603.27$3,283.50
Cash to close$62,837$35,000$35,000