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$237,546$237,546$296,910
Remaining term (yrs)26.426.430.0
Secondary amount$0$59,364$0
Funding fee$1,188$1,188$0
Note rate6.500%6.500%7.320%
Blended rate6.500%7.000%7.560%
1st payment$1,566.26$1,566.26$2,039.57
2nd payment$0.00$445.23$0.00
Taxes / mo$187.00$187.00$187.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.38
HOA / mo$88.67$88.67$88.67
Total monthly$1,991.93$2,437.16$2,524.62
Cash to close$92,354$32,990$32,990