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$109,297$109,297$268,650
Remaining term (yrs)16.616.630.0
Secondary amount$0$159,353$0
Funding fee$546$546$0
Note rate3.540%3.540%7.400%
Blended rate3.540%6.186%7.640%
1st payment$721.60$721.60$1,860.08
2nd payment$0.00$1,062.35$0.00
Taxes / mo$248.75$248.75$248.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.73
HOA / mo$0.00$0.00$0.00
Total monthly$1,120.35$2,182.70$2,312.56
Cash to close$189,203$29,850$29,850