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$279,221$279,221$395,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$115,879$0
Funding fee$1,396$1,396$0
Note rate2.870%2.870%7.320%
Blended rate2.870%4.375%7.560%
1st payment$1,336.13$1,336.13$2,714.06
2nd payment$0.00$772.53$0.00
Taxes / mo$143.17$143.17$143.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.02
HOA / mo$83.00$83.00$83.00
Total monthly$1,712.30$2,484.82$3,169.25
Cash to close$159,779$43,900$43,900