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$106,428$106,428$305,100
Remaining term (yrs)19.419.430.0
Secondary amount$0$198,672$0
Funding fee$532$532$0
Note rate3.960%3.960%7.400%
Blended rate3.960%6.591%7.640%
1st payment$653.52$653.52$2,112.45
2nd payment$0.00$1,324.48$0.00
Taxes / mo$282.50$282.50$282.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,086.02$2,410.50$2,605.97
Cash to close$232,572$33,900$33,900