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$166,052$166,052$231,300
Remaining term (yrs)23.823.830.0
Secondary amount$0$65,248$0
Funding fee$830$830$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.621%7.640%
1st payment$802.91$802.91$1,601.47
2nd payment$0.00$489.36$0.00
Taxes / mo$75.83$75.83$75.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.26
HOA / mo$0.00$0.00$0.00
Total monthly$1,028.74$1,518.10$1,873.57
Cash to close$90,948$25,700$25,700