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$259,780$259,780$494,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$234,320$0
Funding fee$1,299$1,299$0
Note rate3.080%3.080%7.320%
Blended rate3.080%5.295%7.560%
1st payment$1,251.09$1,251.09$3,394.12
2nd payment$0.00$1,513.32$0.00
Taxes / mo$260.33$260.33$260.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.82
HOA / mo$30.75$30.75$30.75
Total monthly$1,708.84$3,222.15$3,950.69
Cash to close$289,220$54,900$54,900