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$140,623$140,623$217,800
Remaining term (yrs)23.723.730.0
Secondary amount$0$77,177$0
Funding fee$703$703$0
Note rate3.200%3.200%7.320%
Blended rate3.200%5.255%7.560%
1st payment$703.42$703.42$1,496.13
2nd payment$0.00$578.83$0.00
Taxes / mo$201.67$201.67$201.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.56
HOA / mo$0.00$0.00$0.00
Total monthly$1,055.08$1,633.91$1,891.36
Cash to close$101,377$24,200$24,200