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$263,783$263,783$336,510
Remaining term (yrs)24.624.630.0
Secondary amount$0$72,727$0
Funding fee$1,319$1,319$0
Note rate3.040%3.040%7.400%
Blended rate3.040%4.328%7.640%
1st payment$1,264.86$1,264.86$2,329.93
2nd payment$0.00$545.45$0.00
Taxes / mo$122.42$122.42$122.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,537.28$2,082.74$2,669.65
Cash to close$110,117$37,390$37,390