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$119,740$119,740$359,910
Remaining term (yrs)8.68.630.0
Secondary amount$0$240,170$0
Funding fee$599$599$0
Note rate2.800%2.800%7.320%
Blended rate2.800%6.103%7.560%
1st payment$1,287.10$1,287.10$2,472.33
2nd payment$0.00$1,551.10$0.00
Taxes / mo$329.58$329.58$329.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$474.33$474.33$474.33
Total monthly$2,241.01$3,792.11$3,498.23
Cash to close$280,160$39,990$39,990