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$184,484$184,484$292,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$108,016$0
Funding fee$922$922$0
Note rate3.650%3.650%7.320%
Blended rate3.650%5.256%7.560%
1st payment$981.96$981.96$2,009.27
2nd payment$0.00$720.11$0.00
Taxes / mo$269.12$269.12$269.12
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$80.00$80.00$80.00
Total monthly$1,481.09$2,201.19$2,566.89
Cash to close$140,516$32,500$32,500