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$105,690$105,690$369,000
Remaining term (yrs)17.917.930.0
Secondary amount$0$263,310$0
Funding fee$528$528$0
Note rate4.160%4.160%7.400%
Blended rate4.160%6.722%7.640%
1st payment$695.96$695.96$2,554.88
2nd payment$0.00$1,700.55$0.00
Taxes / mo$341.67$341.67$341.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$759.00$759.00$759.00
Total monthly$1,946.63$3,647.17$3,879.35
Cash to close$304,310$41,000$41,000