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$72,727$72,727$373,500
Remaining term (yrs)15.715.730.0
Secondary amount$0$300,773$0
Funding fee$364$364$0
Note rate3.980%3.980%7.320%
Blended rate3.980%7.016%7.560%
1st payment$516.58$516.58$2,565.69
2nd payment$0.00$1,942.49$0.00
Taxes / mo$345.83$345.83$345.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$60.00$60.00$60.00
Total monthly$1,072.41$3,014.90$3,196.22
Cash to close$342,273$41,500$41,500