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$254,831$254,831$355,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$100,669$0
Funding fee$1,274$1,274$0
Note rate2.880%2.880%7.320%
Blended rate2.880%4.330%7.560%
1st payment$1,223.65$1,223.65$2,442.04
2nd payment$0.00$671.13$0.00
Taxes / mo$329.17$329.17$329.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$20.83$20.83$20.83
Total monthly$1,723.65$2,394.78$3,013.14
Cash to close$140,169$39,500$39,500