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$237,908$237,908$472,500
Remaining term (yrs)18.718.730.0
Secondary amount$0$234,592$0
Funding fee$1,190$1,190$0
Note rate3.800%3.800%7.320%
Blended rate3.800%5.761%7.560%
1st payment$1,475.52$1,475.52$3,245.75
2nd payment$0.00$1,515.08$0.00
Taxes / mo$219.17$219.17$219.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$21.67$21.67$21.67
Total monthly$1,883.03$3,398.10$3,747.75
Cash to close$287,092$52,500$52,500