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$274,313$274,313$539,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$265,597$0
Funding fee$1,372$1,372$0
Note rate2.770%2.770%7.400%
Blended rate2.770%5.220%7.640%
1st payment$1,265.32$1,265.32$3,738.23
2nd payment$0.00$1,715.32$0.00
Taxes / mo$400.17$400.17$400.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,832.16$3,547.47$4,413.04
Cash to close$325,587$59,990$59,990