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$206,083$206,083$314,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$108,827$0
Funding fee$1,030$1,030$0
Note rate3.090%3.090%7.400%
Blended rate3.090%4.787%7.640%
1st payment$980.46$980.46$2,180.37
2nd payment$0.00$725.52$0.00
Taxes / mo$189.02$189.02$189.02
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,319.49$2,045.00$2,582.38
Cash to close$143,817$34,990$34,990