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$119,654$119,654$584,100
Remaining term (yrs)23.823.830.0
Secondary amount$0$464,446$0
Funding fee$598$598$0
Note rate3.130%3.130%7.400%
Blended rate3.130%6.804%7.640%
1st payment$592.77$592.77$4,044.19
2nd payment$0.00$2,999.55$0.00
Taxes / mo$540.83$540.83$540.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,300.27$4,299.82$4,868.51
Cash to close$529,346$64,900$64,900