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$46,256$46,256$306,000
Remaining term (yrs)5.95.930.0
Secondary amount$0$259,744$0
Funding fee$231$231$0
Note rate6.340%6.340%7.400%
Blended rate6.340%7.537%7.640%
1st payment$774.04$774.04$2,118.68
2nd payment$0.00$1,677.51$0.00
Taxes / mo$126.42$126.42$126.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,050.45$2,727.97$2,456.30
Cash to close$293,744$34,000$34,000