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$335,804$335,804$418,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$82,696$0
Funding fee$1,666$1,666$0
Note rate2.875%2.875%7.400%
Blended rate2.875%4.093%7.640%
1st payment$1,572.44$1,572.44$2,897.61
2nd payment$0.00$620.22$0.00
Taxes / mo$219.25$219.25$219.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,958.36$2,578.58$3,367.23
Cash to close$129,196$46,500$46,500