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$227,556$227,556$337,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$109,944$0
Funding fee$1,138$1,138$0
Note rate3.690%3.690%7.400%
Blended rate3.690%5.094%7.640%
1st payment$1,213.34$1,213.34$2,336.78
2nd payment$0.00$732.96$0.00
Taxes / mo$323.75$323.75$323.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,687.09$2,420.05$2,878.03
Cash to close$147,444$37,500$37,500