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$260,853$260,853$382,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$121,647$0
Funding fee$1,304$1,304$0
Note rate3.330%3.330%7.400%
Blended rate3.330%4.815%7.640%
1st payment$1,325.63$1,325.63$2,648.35
2nd payment$0.00$810.98$0.00
Taxes / mo$354.17$354.17$354.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$321.00$321.00$321.00
Total monthly$2,150.79$2,961.78$3,550.02
Cash to close$164,147$42,500$42,500