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$255,138$255,138$296,055
Remaining term (yrs)24.724.730.0
Secondary amount$0$40,917$0
Funding fee$1,276$1,276$0
Note rate2.960%2.960%7.320%
Blended rate2.960%3.795%7.560%
1st payment$1,210.05$1,210.05$2,033.69
2nd payment$0.00$306.88$0.00
Taxes / mo$788.08$788.08$788.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.21
HOA / mo$0.00$0.00$0.00
Total monthly$2,148.14$2,455.02$3,030.99
Cash to close$73,812$32,895$32,895