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$143,055$143,055$351,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$207,945$0
Funding fee$715$715$0
Note rate2.730%2.730%7.400%
Blended rate2.730%5.704%7.640%
1st payment$667.84$667.84$2,430.25
2nd payment$0.00$1,342.98$0.00
Taxes / mo$325.00$325.00$325.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$425.00$425.00$425.00
Total monthly$1,567.84$2,910.82$3,400.45
Cash to close$246,945$39,000$39,000