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$154,116$154,116$378,000
Remaining term (yrs)23.023.030.0
Secondary amount$0$223,884$0
Funding fee$771$771$0
Note rate3.610%3.610%7.400%
Blended rate3.610%6.062%7.640%
1st payment$818.92$818.92$2,617.20
2nd payment$0.00$1,445.92$0.00
Taxes / mo$114.20$114.20$114.20
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,083.12$2,529.04$2,957.00
Cash to close$265,884$42,000$42,000