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$309,423$309,423$449,999
Remaining term (yrs)24.924.930.0
Secondary amount$0$140,577$0
Funding fee$1,547$1,547$0
Note rate2.880%2.880%7.400%
Blended rate2.880%4.479%7.640%
1st payment$1,448.08$1,448.08$3,115.70
2nd payment$0.00$937.18$0.00
Taxes / mo$416.67$416.67$416.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$106.00$106.00$106.00
Total monthly$2,137.41$3,074.59$3,895.04
Cash to close$190,576$50,000$50,000