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$174,437$174,437$270,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$95,563$0
Funding fee$872$872$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.949%7.640%
1st payment$814.35$814.35$1,869.43
2nd payment$0.00$716.73$0.00
Taxes / mo$250.00$250.00$250.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$36.00$36.00$36.00
Total monthly$1,250.35$1,967.08$2,359.43
Cash to close$125,563$30,000$30,000