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$124,664$124,664$209,610
Remaining term (yrs)23.123.130.0
Secondary amount$0$84,946$0
Funding fee$623$623$0
Note rate3.650%3.650%7.400%
Blended rate3.650%5.818%7.640%
1st payment$663.56$663.56$1,451.30
2nd payment$0.00$637.09$0.00
Taxes / mo$194.08$194.08$194.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.92
HOA / mo$0.00$0.00$0.00
Total monthly$1,007.64$1,644.73$1,837.30
Cash to close$108,236$23,290$23,290