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$74,271$74,271$256,500
Remaining term (yrs)9.49.430.0
Secondary amount$0$182,229$0
Funding fee$371$371$0
Note rate2.210%2.210%7.400%
Blended rate2.210%6.323%7.640%
1st payment$717.23$717.23$1,775.95
2nd payment$0.00$1,214.86$0.00
Taxes / mo$121.25$121.25$121.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$331.00$331.00$331.00
Total monthly$1,319.48$2,534.34$2,429.50
Cash to close$210,729$28,500$28,500