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$300,839$300,839$341,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$41,071$0
Funding fee$1,504$1,504$0
Note rate5.510%5.510%7.320%
Blended rate5.510%5.929%7.560%
1st payment$1,818.93$1,818.93$2,348.68
2nd payment$0.00$308.04$0.00
Taxes / mo$87.42$87.42$87.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$8.33$8.33$8.33
Total monthly$2,064.68$2,372.72$2,662.81
Cash to close$79,061$37,990$37,990