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$267,750$267,750$456,299
Remaining term (yrs)21.021.030.0
Secondary amount$0$188,549$0
Funding fee$1,339$1,339$0
Note rate3.830%3.830%7.400%
Blended rate3.830%5.553%7.640%
1st payment$1,540.12$1,540.12$3,159.32
2nd payment$0.00$1,256.99$0.00
Taxes / mo$210.08$210.08$210.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.26
HOA / mo$45.00$45.00$45.00
Total monthly$1,961.87$3,218.86$3,672.33
Cash to close$239,249$50,700$50,700