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$141,494$141,494$234,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$92,506$0
Funding fee$707$707$0
Note rate3.010%3.010%7.400%
Blended rate3.010%5.378%7.640%
1st payment$690.53$690.53$1,620.17
2nd payment$0.00$693.79$0.00
Taxes / mo$51.58$51.58$51.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$892.11$1,585.90$1,868.55
Cash to close$118,506$26,000$26,000