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$291,387$291,387$521,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$230,523$0
Funding fee$1,457$1,457$0
Note rate2.810%2.810%7.320%
Blended rate2.810%4.992%7.560%
1st payment$1,369.00$1,369.00$3,585.16
2nd payment$0.00$1,488.79$0.00
Taxes / mo$239.75$239.75$239.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.38
HOA / mo$340.00$340.00$340.00
Total monthly$2,115.42$3,604.21$4,435.96
Cash to close$288,513$57,990$57,990