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$265,391$265,391$397,350
Remaining term (yrs)25.525.530.0
Secondary amount$0$131,959$0
Funding fee$1,327$1,327$0
Note rate5.100%5.100%7.320%
Blended rate5.100%6.063%7.560%
1st payment$1,546.86$1,546.86$2,729.52
2nd payment$0.00$879.73$0.00
Taxes / mo$165.50$165.50$165.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.47
HOA / mo$0.00$0.00$0.00
Total monthly$1,862.36$2,742.09$3,124.49
Cash to close$176,109$44,150$44,150