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$163,940$163,940$215,999
Remaining term (yrs)24.424.430.0
Secondary amount$0$52,059$0
Funding fee$820$820$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.302%7.640%
1st payment$770.23$770.23$1,495.53
2nd payment$0.00$390.44$0.00
Taxes / mo$394.18$394.18$394.18
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,314.40$1,704.84$2,082.91
Cash to close$76,059$24,000$24,000