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$77,143$77,143$346,410
Remaining term (yrs)14.714.730.0
Secondary amount$0$269,267$0
Funding fee$386$386$0
Note rate4.520%4.520%7.400%
Blended rate4.520%7.031%7.640%
1st payment$595.57$595.57$2,398.47
2nd payment$0.00$1,739.02$0.00
Taxes / mo$358.42$358.42$358.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.28
HOA / mo$5.92$5.92$5.92
Total monthly$1,109.91$2,848.93$2,982.09
Cash to close$307,757$38,490$38,490