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$166,505$166,505$400,500
Remaining term (yrs)15.815.830.0
Secondary amount$0$233,995$0
Funding fee$833$833$0
Note rate3.660%3.660%7.320%
Blended rate3.660%6.050%7.560%
1st payment$1,151.48$1,151.48$2,751.16
2nd payment$0.00$1,511.22$0.00
Taxes / mo$118.85$118.85$118.85
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.10
HOA / mo$450.00$450.00$450.00
Total monthly$1,870.33$3,381.55$3,550.11
Cash to close$278,495$44,500$44,500