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$190,047$190,047$404,991
Remaining term (yrs)23.923.930.0
Secondary amount$0$214,944$0
Funding fee$950$950$0
Note rate3.160%3.160%7.400%
Blended rate3.160%5.596%7.640%
1st payment$942.27$942.27$2,804.08
2nd payment$0.00$1,388.18$0.00
Taxes / mo$149.67$149.67$149.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,241.94$2,630.12$3,184.74
Cash to close$259,943$44,999$44,999