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$324,143$324,143$373,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$49,357$0
Funding fee$1,621$1,621$0
Note rate2.980%2.980%7.400%
Blended rate2.980%3.776%7.640%
1st payment$1,533.75$1,533.75$2,586.04
2nd payment$0.00$370.18$0.00
Taxes / mo$472.27$472.27$472.27
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$130.00$130.00$130.00
Total monthly$2,286.02$2,656.20$3,413.01
Cash to close$90,857$41,500$41,500