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$176,717$176,717$325,800
Remaining term (yrs)25.525.530.0
Secondary amount$0$149,083$0
Funding fee$884$884$0
Note rate4.000%4.000%7.400%
Blended rate4.000%5.830%7.640%
1st payment$918.70$918.70$2,255.77
2nd payment$0.00$993.89$0.00
Taxes / mo$245.50$245.50$245.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.16
HOA / mo$21.50$21.50$21.50
Total monthly$1,335.70$2,329.58$2,737.93
Cash to close$185,283$36,200$36,200