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$109,594$109,594$215,910
Remaining term (yrs)22.622.630.0
Secondary amount$0$106,316$0
Funding fee$548$548$0
Note rate4.170%4.170%7.320%
Blended rate4.170%6.056%7.560%
1st payment$622.18$622.18$1,483.15
2nd payment$0.00$708.77$0.00
Taxes / mo$199.92$199.92$199.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$972.09$1,680.87$1,876.25
Cash to close$130,306$23,990$23,990