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$300,834$300,834$413,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$113,076$0
Funding fee$1,504$1,504$0
Note rate2.750%2.750%7.400%
Blended rate2.750%4.184%7.640%
1st payment$1,404.15$1,404.15$2,865.83
2nd payment$0.00$753.84$0.00
Taxes / mo$383.25$383.25$383.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.78
HOA / mo$269.00$269.00$269.00
Total monthly$2,223.07$2,976.91$3,767.53
Cash to close$159,066$45,990$45,990