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$133,414$133,414$252,000
Remaining term (yrs)22.622.630.0
Secondary amount$0$118,586$0
Funding fee$667$667$0
Note rate4.170%4.170%7.400%
Blended rate4.170%5.972%7.640%
1st payment$757.40$757.40$1,744.80
2nd payment$0.00$790.57$0.00
Taxes / mo$198.51$198.51$198.51
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,105.91$1,896.49$2,143.71
Cash to close$146,586$28,000$28,000