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$245,423$245,423$377,100
Remaining term (yrs)26.726.730.0
Secondary amount$0$131,677$0
Funding fee$1,227$1,227$0
Note rate6.570%6.570%7.400%
Blended rate6.570%7.069%7.640%
1st payment$1,623.53$1,623.53$2,610.96
2nd payment$0.00$877.85$0.00
Taxes / mo$349.17$349.17$349.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.42
HOA / mo$89.25$89.25$89.25
Total monthly$2,211.95$3,089.79$3,274.80
Cash to close$173,577$41,900$41,900