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$205,714$205,714$306,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$100,286$0
Funding fee$1,029$1,029$0
Note rate3.260%3.260%7.400%
Blended rate3.260%4.813%7.640%
1st payment$1,037.86$1,037.86$2,118.68
2nd payment$0.00$668.58$0.00
Taxes / mo$207.58$207.58$207.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,395.45$2,064.02$2,537.47
Cash to close$134,286$34,000$34,000