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$199,654$199,654$215,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$27,396$0
Funding fee$998$998$0
Note rate5.220%5.220%7.400%
Blended rate5.220%6.023%7.640%
1st payment$1,168.94$1,168.94$1,489.31
2nd payment$0.00$271.10$0.00
Taxes / mo$20.00$20.00$20.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,338.94$1,610.04$1,702.33
Cash to close$39,346$11,950$23,900