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$237,037$237,037$305,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$68,873$0
Funding fee$1,185$1,185$0
Note rate2.960%2.960%7.400%
Blended rate2.960%4.320%7.640%
1st payment$1,121.66$1,121.66$2,118.06
2nd payment$0.00$516.55$0.00
Taxes / mo$204.83$204.83$204.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$35.00$35.00$35.00
Total monthly$1,511.49$2,028.04$2,569.07
Cash to close$102,863$33,990$33,990