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$177,757$177,757$264,600
Remaining term (yrs)24.924.930.0
Secondary amount$0$86,843$0
Funding fee$889$889$0
Note rate2.800%2.800%7.320%
Blended rate2.800%4.835%7.560%
1st payment$822.68$822.68$1,817.62
2nd payment$0.00$651.32$0.00
Taxes / mo$235.67$235.67$235.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.92
HOA / mo$60.00$60.00$60.00
Total monthly$1,268.34$1,919.67$2,316.21
Cash to close$116,243$29,400$29,400