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$195,819$195,819$359,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$164,091$0
Funding fee$979$979$0
Note rate2.650%2.650%7.400%
Blended rate2.650%5.089%7.640%
1st payment$906.21$906.21$2,491.94
2nd payment$0.00$1,093.94$0.00
Taxes / mo$333.25$333.25$333.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,389.46$2,483.40$3,047.18
Cash to close$204,081$39,990$39,990