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$175,545$175,545$265,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$89,955$0
Funding fee$878$878$0
Note rate5.000%5.000%7.400%
Blended rate5.000%6.355%7.640%
1st payment$1,017.78$1,017.78$1,838.27
2nd payment$0.00$674.67$0.00
Taxes / mo$288.67$288.67$288.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$1.50$1.50$1.50
Total monthly$1,457.94$2,132.61$2,331.54
Cash to close$119,455$29,500$29,500