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$313,563$313,563$463,410
Remaining term (yrs)24.424.430.0
Secondary amount$0$149,847$0
Funding fee$1,568$1,568$0
Note rate2.250%2.250%7.320%
Blended rate2.250%4.109%7.560%
1st payment$1,388.35$1,388.35$3,183.31
2nd payment$0.00$998.98$0.00
Taxes / mo$269.17$269.17$269.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,824.19$2,823.17$3,711.82
Cash to close$201,337$51,490$51,490