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$194,240$194,240$243,000
Remaining term (yrs)28.128.130.0
Secondary amount$0$48,760$0
Funding fee$971$971$0
Note rate6.790%6.790%7.400%
Blended rate6.790%7.233%7.640%
1st payment$1,289.49$1,289.49$1,682.48
2nd payment$0.00$365.70$0.00
Taxes / mo$225.00$225.00$225.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,664.49$2,030.20$2,106.08
Cash to close$75,760$27,000$27,000