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$238,729$238,729$382,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$143,771$0
Funding fee$1,194$1,194$0
Note rate2.940%2.940%7.320%
Blended rate2.940%4.842%7.560%
1st payment$1,129.76$1,129.76$2,627.51
2nd payment$0.00$958.47$0.00
Taxes / mo$156.00$156.00$156.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$19.17$19.17$19.17
Total monthly$1,454.93$2,413.40$3,029.18
Cash to close$186,271$42,500$42,500