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$342,849$342,849$494,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$152,061$0
Funding fee$1,714$1,714$0
Note rate2.930%2.930%7.320%
Blended rate2.930%4.488%7.560%
1st payment$1,617.03$1,617.03$3,399.69
2nd payment$0.00$1,013.74$0.00
Taxes / mo$177.83$177.83$177.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$25.00$25.00$25.00
Total monthly$1,986.53$3,000.28$3,868.17
Cash to close$207,051$54,990$54,990