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$235,976$235,976$359,910
Remaining term (yrs)19.719.730.0
Secondary amount$0$123,934$0
Funding fee$1,180$1,180$0
Note rate3.600%3.600%7.400%
Blended rate3.600%5.115%7.640%
1st payment$1,388.65$1,388.65$2,491.94
2nd payment$0.00$826.23$0.00
Taxes / mo$306.33$306.33$306.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$346.00$346.00$346.00
Total monthly$2,190.98$3,017.21$3,366.26
Cash to close$163,924$39,990$39,990