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$140,008$140,008$521,100
Remaining term (yrs)13.813.830.0
Secondary amount$0$381,092$0
Funding fee$700$700$0
Note rate4.570%4.570%7.320%
Blended rate4.570%6.896%7.560%
1st payment$1,134.58$1,134.58$3,579.60
2nd payment$0.00$2,461.22$0.00
Taxes / mo$253.00$253.00$253.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,554.25$4,015.47$4,103.48
Cash to close$438,992$57,900$57,900