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$203,782$203,782$315,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$111,218$0
Funding fee$1,019$1,019$0
Note rate3.280%3.280%7.320%
Blended rate3.280%4.946%7.560%
1st payment$1,027.88$1,027.88$2,163.83
2nd payment$0.00$741.45$0.00
Taxes / mo$418.00$418.00$418.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,595.88$2,337.33$2,794.83
Cash to close$146,218$35,000$35,000