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$235,099$235,099$283,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$48,401$0
Funding fee$1,175$1,175$0
Note rate6.430%6.430%7.320%
Blended rate6.430%6.869%7.560%
1st payment$1,536.05$1,536.05$1,947.45
2nd payment$0.00$363.01$0.00
Taxes / mo$211.67$211.67$211.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,897.72$2,260.73$2,365.81
Cash to close$79,901$31,500$31,500