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$10,965$10,965$222,300
Remaining term (yrs)25.525.530.0
Secondary amount$0$211,335$0
Funding fee$55$55$0
Note rate6.500%6.500%7.400%
Blended rate6.500%7.688%7.640%
1st payment$73.27$73.27$1,539.16
2nd payment$0.00$1,364.87$0.00
Taxes / mo$804.75$804.75$804.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.46
HOA / mo$0.00$0.00$0.00
Total monthly$1,028.02$2,392.89$2,538.37
Cash to close$236,035$24,700$24,700