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$111,382$111,382$396,000
Remaining term (yrs)6.96.930.0
Secondary amount$0$284,618$0
Funding fee$557$557$0
Note rate4.600%4.600%7.400%
Blended rate4.600%6.864%7.640%
1st payment$1,537.92$1,537.92$2,741.82
2nd payment$0.00$1,838.16$0.00
Taxes / mo$130.19$130.19$130.19
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,818.11$3,656.27$3,101.22
Cash to close$328,618$44,000$44,000