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$222,056$222,056$373,410
Remaining term (yrs)22.922.930.0
Secondary amount$0$151,354$0
Funding fee$1,110$1,110$0
Note rate3.750%3.750%7.400%
Blended rate3.750%5.473%7.640%
1st payment$1,201.96$1,201.96$2,585.42
2nd payment$0.00$1,009.03$0.00
Taxes / mo$102.85$102.85$102.85
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.68
HOA / mo$27.08$27.08$27.08
Total monthly$1,481.89$2,490.92$2,940.03
Cash to close$192,844$41,490$41,490