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$94,761$94,761$233,910
Remaining term (yrs)19.819.830.0
Secondary amount$0$139,149$0
Funding fee$474$474$0
Note rate3.560%3.560%7.320%
Blended rate3.560%6.201%7.560%
1st payment$554.09$554.09$1,606.80
2nd payment$0.00$927.66$0.00
Taxes / mo$108.79$108.79$108.79
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.78
HOA / mo$0.00$0.00$0.00
Total monthly$812.88$1,740.54$1,912.38
Cash to close$165,139$25,990$25,990