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$88,689$88,689$315,000
Remaining term (yrs)16.316.330.0
Secondary amount$0$226,311$0
Funding fee$443$443$0
Note rate5.680%5.680%7.320%
Blended rate5.680%7.167%7.560%
1st payment$693.25$693.25$2,163.83
2nd payment$0.00$1,461.59$0.00
Taxes / mo$118.67$118.67$118.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$961.91$2,423.50$2,495.50
Cash to close$261,311$35,000$35,000