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$222,694$222,694$260,910
Remaining term (yrs)26.526.530.0
Secondary amount$0$38,216$0
Funding fee$1,113$1,113$0
Note rate6.310%6.310%7.400%
Blended rate6.310%6.704%7.640%
1st payment$1,439.81$1,439.81$1,806.49
2nd payment$0.00$286.62$0.00
Taxes / mo$241.58$241.58$241.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,831.39$2,118.01$2,250.25
Cash to close$67,206$28,990$28,990