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$207,262$207,262$242,910
Remaining term (yrs)28.428.430.0
Secondary amount$0$35,648$0
Funding fee$1,036$1,036$0
Note rate6.890%6.890%7.320%
Blended rate6.890%7.200%7.560%
1st payment$1,384.29$1,384.29$1,668.62
2nd payment$0.00$267.36$0.00
Taxes / mo$185.92$185.92$185.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.58
HOA / mo$426.00$426.00$426.00
Total monthly$2,146.20$2,413.56$2,479.12
Cash to close$62,638$26,990$26,990