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$239,666$239,666$265,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$25,834$0
Funding fee$1,198$1,198$0
Note rate2.940%2.940%7.400%
Blended rate2.940%3.530%7.640%
1st payment$1,134.19$1,134.19$1,838.27
2nd payment$0.00$193.75$0.00
Taxes / mo$106.92$106.92$106.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,391.11$1,584.86$2,148.29
Cash to close$55,334$29,500$29,500