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$225,283$225,283$256,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$31,127$0
Funding fee$1,126$1,126$0
Note rate2.870%2.870%7.320%
Blended rate2.870%3.614%7.560%
1st payment$1,053.15$1,053.15$1,761.36
2nd payment$0.00$233.45$0.00
Taxes / mo$138.83$138.83$138.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,341.98$1,575.43$2,101.47
Cash to close$59,617$28,490$28,490