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$303,777$303,777$315,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$28,723$0
Funding fee$1,519$1,519$0
Note rate2.960%2.960%7.240%
Blended rate2.960%3.730%7.480%
1st payment$1,437.48$1,437.48$2,146.72
2nd payment$0.00$284.23$0.00
Taxes / mo$112.33$112.33$112.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,699.81$1,984.04$2,472.05
Cash to close$46,223$17,500$35,000