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$281,647$281,647$395,100
Remaining term (yrs)22.922.930.0
Secondary amount$0$113,453$0
Funding fee$1,408$1,408$0
Note rate3.550%3.550%7.320%
Blended rate3.550%4.828%7.560%
1st payment$1,491.07$1,491.07$2,714.06
2nd payment$0.00$756.35$0.00
Taxes / mo$365.83$365.83$365.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.02
HOA / mo$13.33$13.33$13.33
Total monthly$2,020.24$2,776.59$3,322.25
Cash to close$157,353$43,900$43,900