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$303,149$303,149$441,900
Remaining term (yrs)24.024.030.0
Secondary amount$0$138,751$0
Funding fee$1,516$1,516$0
Note rate2.870%2.870%7.400%
Blended rate2.870%4.481%7.640%
1st payment$1,450.63$1,450.63$3,059.63
2nd payment$0.00$925.00$0.00
Taxes / mo$465.33$465.33$465.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.38
HOA / mo$333.00$333.00$333.00
Total monthly$2,415.63$3,340.64$4,113.01
Cash to close$187,851$49,100$49,100