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$100,199$100,199$278,865
Remaining term (yrs)7.57.530.0
Secondary amount$0$178,666$0
Funding fee$501$501$0
Note rate2.450%2.450%7.400%
Blended rate2.450%6.006%7.640%
1st payment$1,195.71$1,195.71$1,930.80
2nd payment$0.00$1,191.11$0.00
Taxes / mo$109.17$109.17$109.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.77
HOA / mo$0.00$0.00$0.00
Total monthly$1,454.88$2,645.99$2,245.74
Cash to close$209,651$30,985$30,985