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$256,303$256,303$323,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$66,797$0
Funding fee$1,282$1,282$0
Note rate2.660%2.660%7.400%
Blended rate2.660%3.971%7.640%
1st payment$1,190.29$1,190.29$2,237.08
2nd payment$0.00$500.98$0.00
Taxes / mo$337.67$337.67$337.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.62
HOA / mo$67.50$67.50$67.50
Total monthly$1,745.46$2,246.44$2,856.87
Cash to close$102,697$35,900$35,900