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$164,701$164,701$359,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$195,209$0
Funding fee$824$824$0
Note rate2.890%2.890%7.400%
Blended rate2.890%5.662%7.640%
1st payment$789.82$789.82$2,491.94
2nd payment$0.00$1,301.39$0.00
Taxes / mo$168.48$168.48$168.48
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,108.30$2,409.69$2,882.41
Cash to close$235,199$39,990$39,990