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$282,494$282,494$386,550
Remaining term (yrs)26.226.230.0
Secondary amount$0$104,056$0
Funding fee$1,412$1,412$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.130%7.640%
1st payment$1,925.14$1,925.14$2,676.39
2nd payment$0.00$693.71$0.00
Taxes / mo$49.75$49.75$49.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.31
HOA / mo$54.67$54.67$54.67
Total monthly$2,179.56$2,873.27$3,008.12
Cash to close$147,006$42,950$42,950