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$182,747$182,747$269,910
Remaining term (yrs)23.123.130.0
Secondary amount$0$87,163$0
Funding fee$914$914$0
Note rate3.610%3.610%7.400%
Blended rate3.610%5.351%7.640%
1st payment$968.83$968.83$1,868.80
2nd payment$0.00$653.72$0.00
Taxes / mo$10.17$10.17$10.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,128.99$1,782.72$2,082.95
Cash to close$117,153$29,990$29,990