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$136,497$136,497$427,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$291,003$0
Funding fee$682$682$0
Note rate2.680%2.680%7.320%
Blended rate2.680%6.131%7.560%
1st payment$635.29$635.29$2,936.63
2nd payment$0.00$1,879.39$0.00
Taxes / mo$220.23$220.23$220.23
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$1,022.19$2,901.58$3,409.03
Cash to close$338,503$47,500$47,500