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$260,704$260,704$521,910
Remaining term (yrs)21.221.230.0
Secondary amount$0$261,206$0
Funding fee$1,304$1,304$0
Note rate3.940%3.940%7.240%
Blended rate3.940%5.847%7.480%
1st payment$1,507.20$1,507.20$3,556.81
2nd payment$0.00$1,686.96$0.00
Taxes / mo$483.25$483.25$483.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.38
HOA / mo$25.67$25.67$25.67
Total monthly$2,182.79$3,869.74$4,336.78
Cash to close$319,196$57,990$57,990