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$111,508$111,508$427,500
Remaining term (yrs)21.721.730.0
Secondary amount$0$315,992$0
Funding fee$558$558$0
Note rate4.660%4.660%7.320%
Blended rate4.660%6.944%7.560%
1st payment$678.97$678.97$2,936.63
2nd payment$0.00$2,040.78$0.00
Taxes / mo$395.83$395.83$395.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,241.47$3,282.25$3,584.63
Cash to close$363,492$47,500$47,500