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$269,673$269,673$305,100
Remaining term (yrs)28.128.130.0
Secondary amount$0$35,427$0
Funding fee$1,348$1,348$0
Note rate6.120%6.120%7.400%
Blended rate6.120%6.454%7.640%
1st payment$1,673.68$1,673.68$2,112.45
2nd payment$0.00$265.70$0.00
Taxes / mo$234.33$234.33$234.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,058.02$2,323.72$2,557.80
Cash to close$69,327$33,900$33,900