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$227,667$227,667$292,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$64,833$0
Funding fee$1,138$1,138$0
Note rate3.080%3.080%7.320%
Blended rate3.080%4.392%7.560%
1st payment$1,098.90$1,098.90$2,009.27
2nd payment$0.00$486.25$0.00
Taxes / mo$298.08$298.08$298.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$41.67$41.67$41.67
Total monthly$1,588.65$2,074.90$2,557.53
Cash to close$97,333$32,500$32,500