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$211,744$211,744$224,910
Remaining term (yrs)25.725.730.0
Secondary amount$0$25,661$0
Funding fee$1,059$1,059$0
Note rate5.300%5.300%7.400%
Blended rate5.300%6.011%7.640%
1st payment$1,255.45$1,255.45$1,557.23
2nd payment$0.00$253.94$0.00
Taxes / mo$141.33$141.33$141.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,546.78$1,800.72$1,893.55
Cash to close$38,156$12,495$24,990