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$271,510$271,510$305,550
Remaining term (yrs)27.227.230.0
Secondary amount$0$34,040$0
Funding fee$1,358$1,358$0
Note rate7.030%7.030%7.400%
Blended rate7.030%7.249%7.640%
1st payment$1,865.16$1,865.16$2,115.57
2nd payment$0.00$255.30$0.00
Taxes / mo$136.25$136.25$136.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.11
HOA / mo$0.00$0.00$0.00
Total monthly$2,151.41$2,406.71$2,462.93
Cash to close$67,990$33,950$33,950