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$308,262$308,262$359,816
Remaining term (yrs)25.225.230.0
Secondary amount$0$51,554$0
Funding fee$1,541$1,541$0
Note rate2.980%2.980%7.320%
Blended rate2.980%3.843%7.560%
1st payment$1,445.68$1,445.68$2,471.68
2nd payment$0.00$386.65$0.00
Taxes / mo$494.25$494.25$494.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.96
HOA / mo$0.00$0.00$0.00
Total monthly$2,089.93$2,476.59$3,187.90
Cash to close$91,533$39,980$39,980