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$152,200$152,200$450,000
Remaining term (yrs)19.019.030.0
Secondary amount$0$297,800$0
Funding fee$761$761$0
Note rate3.910%3.910%7.400%
Blended rate3.910%6.451%7.640%
1st payment$941.41$941.41$3,115.71
2nd payment$0.00$1,923.29$0.00
Taxes / mo$267.58$267.58$267.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,375.66$3,298.95$3,639.96
Cash to close$347,800$50,000$50,000