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$268,203$268,203$287,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$35,702$0
Funding fee$1,341$1,341$0
Note rate6.090%6.090%7.320%
Blended rate6.090%6.770%7.560%
1st payment$1,725.97$1,725.97$1,977.74
2nd payment$0.00$353.30$0.00
Taxes / mo$266.58$266.58$266.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,142.56$2,495.85$2,451.91
Cash to close$51,697$15,995$31,990