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$310,894$310,894$449,999
Remaining term (yrs)24.424.430.0
Secondary amount$0$139,105$0
Funding fee$1,554$1,554$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.359%7.640%
1st payment$1,447.94$1,447.94$3,115.70
2nd payment$0.00$927.37$0.00
Taxes / mo$246.83$246.83$246.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$12.50$12.50$12.50
Total monthly$1,873.94$2,801.30$3,631.70
Cash to close$189,105$50,000$50,000