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$231,380$231,380$332,100
Remaining term (yrs)29.329.330.0
Secondary amount$0$100,720$0
Funding fee$1,157$1,157$0
Note rate6.090%6.090%7.320%
Blended rate6.090%6.669%7.560%
1st payment$1,410.46$1,410.46$2,281.30
2nd payment$0.00$671.47$0.00
Taxes / mo$81.50$81.50$81.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,641.96$2,313.43$2,579.22
Cash to close$137,620$36,900$36,900