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$5,459$5,459$202,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$197,041$0
Funding fee$27$27$0
Note rate6.470%6.470%7.320%
Blended rate6.470%7.959%7.560%
1st payment$36.15$36.15$1,391.03
2nd payment$0.00$1,313.61$0.00
Taxes / mo$187.50$187.50$187.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$373.65$1,687.26$1,769.03
Cash to close$219,541$22,500$22,500