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$267,212$267,212$418,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$151,288$0
Funding fee$1,336$1,336$0
Note rate2.910%2.910%7.320%
Blended rate2.910%4.750%7.560%
1st payment$1,284.15$1,284.15$2,874.80
2nd payment$0.00$1,008.59$0.00
Taxes / mo$260.42$260.42$260.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,711.23$2,719.82$3,385.59
Cash to close$197,788$46,500$46,500