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$87,573$87,573$233,100
Remaining term (yrs)16.516.530.0
Secondary amount$0$145,527$0
Funding fee$438$438$0
Note rate3.570%3.570%7.400%
Blended rate3.570%6.336%7.640%
1st payment$581.60$581.60$1,613.94
2nd payment$0.00$970.18$0.00
Taxes / mo$215.83$215.83$215.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.62
HOA / mo$0.00$0.00$0.00
Total monthly$947.44$1,917.62$2,026.39
Cash to close$171,427$25,900$25,900