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$300,834$300,834$382,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$81,666$0
Funding fee$1,504$1,504$0
Note rate2.750%2.750%7.240%
Blended rate2.750%4.084%7.480%
1st payment$1,404.15$1,404.15$2,606.73
2nd payment$0.00$612.49$0.00
Taxes / mo$354.17$354.17$354.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$269.00$269.00$269.00
Total monthly$2,177.32$2,789.81$3,456.40
Cash to close$124,166$42,500$42,500