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$139,873$139,873$292,500
Remaining term (yrs)17.517.530.0
Secondary amount$0$152,627$0
Funding fee$699$699$0
Note rate4.280%4.280%7.400%
Blended rate4.280%6.221%7.640%
1st payment$941.48$941.48$2,025.21
2nd payment$0.00$1,017.51$0.00
Taxes / mo$163.67$163.67$163.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,255.15$2,272.66$2,397.38
Cash to close$185,127$32,500$32,500