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$200,871$200,871$431,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$231,039$0
Funding fee$1,004$1,004$0
Note rate2.670%2.670%7.320%
Blended rate2.670%5.387%7.560%
1st payment$933.88$933.88$2,966.92
2nd payment$0.00$1,492.13$0.00
Taxes / mo$132.58$132.58$132.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,233.13$2,725.26$3,352.55
Cash to close$279,029$47,990$47,990