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$260,859$260,859$359,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$99,051$0
Funding fee$1,304$1,304$0
Note rate3.120%3.120%7.400%
Blended rate3.120%4.738%7.640%
1st payment$1,239.80$1,239.80$2,491.94
2nd payment$0.00$742.88$0.00
Taxes / mo$142.17$142.17$142.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,531.97$2,274.85$2,856.09
Cash to close$139,041$39,990$39,990