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$179,165$179,165$245,250
Remaining term (yrs)23.923.930.0
Secondary amount$0$66,085$0
Funding fee$896$896$0
Note rate2.990%2.990%7.320%
Blended rate2.990%4.609%7.560%
1st payment$870.46$870.46$1,684.70
2nd payment$0.00$495.63$0.00
Taxes / mo$3.83$3.83$3.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.05
HOA / mo$605.00$605.00$605.00
Total monthly$1,629.29$2,124.93$2,492.58
Cash to close$93,335$27,250$27,250