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$80,803$80,803$468,000
Remaining term (yrs)7.17.130.0
Secondary amount$0$387,197$0
Funding fee$404$404$0
Note rate5.750%5.750%7.400%
Blended rate5.750%7.405%7.640%
1st payment$1,137.97$1,137.97$3,240.34
2nd payment$0.00$2,500.65$0.00
Taxes / mo$268.00$268.00$268.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,572.63$4,073.28$3,768.60
Cash to close$439,197$52,000$52,000